Peering Into W.P. Carey's Recent Short Interest
Portfolio Pulse from Benzinga Insights
W.P. Carey's (NYSE:WPC) short interest has risen by 8.31%, with 6.01 million shares sold short, representing 3.78% of its float. This is higher than its peers' average short interest of 2.85%. It would take traders 5.0 days to cover their short positions.
June 03, 2024 | 2:30 pm
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W.P. Carey's short interest has increased by 8.31%, with 6.01 million shares sold short, representing 3.78% of its float. This is higher than its peers' average short interest of 2.85%.
The increase in short interest suggests that investors are becoming more bearish on W.P. Carey compared to its peers. This could lead to downward pressure on the stock price in the short term.
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