Looking Into VICI Props's Recent Short Interest
Portfolio Pulse from Benzinga Insights
VICI Props (NYSE:VICI) has seen a decrease in short interest, with the short percent of float falling 5.08% to 2.24% of all shares available for trading. The current short interest stands at 20.02 million shares, requiring approximately 3.85 days for traders to cover their short positions. This decline in short interest may indicate a more bullish sentiment towards VICI Props compared to its peers, where the average short interest as a percentage of float is 5.23%.
April 24, 2024 | 4:15 pm
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POSITIVE IMPACT
VICI Props's short interest has decreased, indicating a potentially more bullish sentiment towards the stock in the short term.
A decrease in short interest typically suggests that investors are less bearish on the stock, potentially leading to a positive impact on its price in the short term. Given that VICI's short interest is now below the peer group average, this could indicate stronger confidence in the company's performance relative to its competitors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90