Peering Into VICI Props's Recent Short Interest
Portfolio Pulse from Benzinga Insights
VICI Properties (NYSE:VICI) has seen a decrease in short interest, with the short percent of float dropping 5.38% since the last report. The company has 10.89 million shares sold short, which is 1.23% of available shares for trading. The average time to cover these short positions is 1.64 days. Short interest is a market sentiment indicator, and a decrease suggests investors may be more bullish on VICI. Compared to its peers, VICI has a lower short interest percentage of float, with the peer group average at 5.85%.
December 15, 2023 | 8:47 pm
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VICI Properties has reported a decrease in short interest, suggesting a more bullish sentiment from investors compared to the last reporting period. The company's short interest is also lower than the average of its peer group.
The decrease in short interest for VICI Properties indicates that investors may be less bearish on the stock, which could lead to a short-term increase in its price. The comparison with peers showing lower short interest further supports a potentially positive outlook for VICI in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100