(WPC) - Analyzing W.P. Carey's Short Interest
Portfolio Pulse from Benzinga Insights
W.P. Carey's (NYSE:WPC) short interest has decreased by 4.07% since the last report, with 8.38 million shares sold short, representing 4.48% of its float. This decline in short interest could indicate a more bullish sentiment towards WPC among investors. Compared to its peers, WPC has a higher short interest percentage of float, with the average for its peer group being 2.47%.
March 04, 2024 | 3:00 pm
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W.P. Carey's short interest has decreased, indicating a potential shift towards a more bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more optimistic about a stock's future performance. For W.P. Carey, this decrease could reduce selling pressure and potentially lead to a price increase in the short term, especially since it has a higher short interest than most of its peers.
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