Looking Into Boston Props's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Boston Properties (NYSE:BXP) has seen a 15.99% increase in its short percent of float since the last report, with 7.58 million shares sold short, representing 6.6% of available shares. It would take about 4.51 days to cover these short positions. This rise in short interest indicates a more bearish market sentiment towards BXP, although it has less short interest compared to its peer group average of 7.60%.
March 21, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Boston Properties has experienced a significant increase in short interest, indicating a bearish market sentiment towards the stock.
The increase in short interest suggests that investors are more bearish on BXP, potentially leading to increased selling pressure and a short-term decrease in stock price. However, the fact that BXP has less short interest than its peers might mitigate some negative impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90