(CSGP) - Analyzing CoStar Gr's Short Interest
Portfolio Pulse from Benzinga Insights
CoStar Group's (NYSE:CSGP) short interest has fallen by 5.49%, with 8.78 million shares sold short, representing 2.58% of its float. This is lower than the peer group average of 5.99%. It would take traders 6.03 days to cover their short positions.
June 04, 2024 | 3:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CoStar Group's short interest has decreased by 5.49%, now at 2.58% of its float, which is lower than its peers. This indicates a more bullish sentiment among investors.
The decrease in short interest suggests that investors are becoming more bullish on CoStar Group. With short interest lower than its peers, this could lead to a positive sentiment and potential price increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100