Looking Into Texas Pacific Land's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Texas Pacific Land (NYSE:TPL) has seen a 4.33% decrease in its short percent of float, now at 5.3%. This is lower than its peer group average of 7.29%. It would take traders 13.28 days to cover their short positions.
May 21, 2024 | 2:30 pm
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Texas Pacific Land's short interest has decreased by 4.33%, now at 5.3%, which is lower than its peers' average of 7.29%. This could indicate a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against TPL, which could be interpreted as a positive signal for the stock. Additionally, TPL's short interest is lower than its peers, further indicating a relatively more bullish sentiment.
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