Peering Into Stag Industrial's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Stag Industrial's (NYSE:STAG) short interest has decreased by 5.36% since the last report, with 6.01 million shares sold short, representing 4.41% of its float. It would take about 6.06 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards STAG among investors. Compared to its peers, STAG has a higher short interest percentage of 4.41% versus the peer group average of 3.38%.
March 12, 2024 | 8:30 pm
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Stag Industrial'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 the company's future performance. Given that STAG's short interest has decreased and is higher than its peer average, this could indicate a stronger bullish sentiment specifically towards STAG in comparison to its peers.
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