How Is The Market Feeling About Realty Income?
Portfolio Pulse from Benzinga Insights
Realty Income's (NYSE:O) short interest has decreased by 45.71% since the last report, with 12.48 million shares sold short, representing 1.71% of its float. This decline in short interest could indicate a more bullish sentiment towards the stock, although it doesn't guarantee a price increase. Realty Income has a lower short interest compared to its peer group average of 5.42%.
February 22, 2024 | 1:15 pm
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Realty Income's significant decrease in short interest suggests a more bullish market sentiment, potentially impacting its stock price positively in the short term.
A decrease in short interest typically indicates that investors are less bearish on a stock, expecting its price to rise. For Realty Income, this reduction could lead to a positive short-term price movement, especially since it's now below its peer group average.
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