Peering Into VICI Props's Recent Short Interest
Portfolio Pulse from Benzinga Insights
VICI Props's (NYSE:VICI) short interest has increased by 13.5% since the last report, with 23.92 million shares sold short, representing 2.69% of its float. It would take about 4.2 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards VICI, although it has less short interest compared to its peer group average of 5.18%. The increase in short interest doesn't necessarily predict a price drop but indicates heightened shorting activity.
March 01, 2024 | 8:45 pm
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VICI Props's short interest has risen by 13.5%, indicating a potential increase in bearish sentiment among investors. However, it's still below the peer average, suggesting a moderate impact.
The increase in short interest for VICI Props suggests that more investors are betting against the stock, which could lead to downward pressure on its price in the short term. However, being below the peer average indicates that the sentiment is not as bearish as it could be, moderating the potential impact.
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