How Is The Market Feeling About Jones Lang LaSalle?
Portfolio Pulse from Benzinga Insights
Jones Lang LaSalle (NYSE:JLL) has seen a 9.01% increase in its short percent of float, now at 2.42%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.95%. It would take traders 4.01 days to cover their short positions.
June 26, 2024 | 2:45 pm
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Jones Lang LaSalle's short percent of float has increased by 9.01% to 2.42%, indicating a rise in bearish sentiment. However, this is still below the peer group average of 5.95%.
The increase in short interest suggests that more investors are betting against the stock, which could put downward pressure on the price in the short term. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
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