Looking Into Sun Communities's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Sun Communities (NYSE:SUI) has seen a decrease in its short interest, with the short percent of float falling by 8.74%. Currently, 1.54 million shares are sold short, representing 1.67% of the float. This is lower than the peer group average of 2.28%.
September 03, 2024 | 5:45 pm
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Sun Communities has experienced a decrease in short interest, now at 1.67% of float, which is below the peer average. This suggests a more bullish sentiment compared to its peers.
The decrease in short interest for Sun Communities suggests that traders are less bearish on the stock compared to its peers, where the average short interest is higher. This could indicate a potential positive sentiment shift, leading to a likely short-term price increase.
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