Looking Into CBRE Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CBRE Group's short interest has fallen by 19.33%, with 4.95 million shares sold short, representing 1.92% of its float. This is lower than the peer group average of 5.55%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 16, 2024 | 3:00 pm
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CBRE Group's short interest has decreased by 19.33%, now at 1.92% of its float, which is lower than the peer average of 5.55%. This could indicate a more bullish sentiment towards the stock.
The significant decrease in short interest suggests that fewer investors are betting against CBRE Group, which could be interpreted as a positive signal for the stock. Additionally, the short interest is lower than the peer group average, further supporting a potentially bullish outlook.
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