(NNN) - Analyzing NNN REIT's Short Interest
Portfolio Pulse from Benzinga Insights
NNN REIT (NYSE:NNN) has seen a decrease in short interest, now at 2.66% of its float, lower than the peer group average of 5.31%. This reduction from 3.54 million shares suggests a more bullish sentiment among investors. The coverage time for short positions is approximately 3.01 days based on current trading volumes.
April 29, 2024 | 2:45 pm
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Short interest in NNN REIT has decreased, indicating a potentially more bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more bullish on a stock. For NNN REIT, this could mean an improvement in investor sentiment and potentially a positive impact on the stock price in the short term. The comparison with peers further highlights its relative strength.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90