How Is The Market Feeling About Welltower?
Portfolio Pulse from Benzinga Insights
Welltower (NYSE:WELL) has seen a 3.65% increase in short interest since the last report, with 7.57 million shares sold short, representing 1.99% of available shares. It would take about 3.63 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Welltower has less short interest compared to its peer group average of 5.74%. The rise in short interest doesn't necessarily predict a stock price fall.
January 12, 2024 | 1:15 pm
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Welltower's short interest has increased, which could indicate bearish sentiment among investors. However, its short interest is below the peer group average, suggesting less bearish sentiment relative to its peers.
The increase in short interest for Welltower suggests that some investors are expecting the price to fall, which could put downward pressure on the stock. However, since the short interest is lower than the peer average, it may not be a strong bearish signal. The impact on the stock price is uncertain, as short interest is just one of many factors that can affect stock prices in the short term.
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