Peering Into NNN REIT's Recent Short Interest
Portfolio Pulse from Benzinga Insights
NNN REIT's short interest has decreased by 4.67%, with 3.83 million shares sold short, representing 2.86% of its float. This is lower than its peers' average short interest of 5.49%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 06, 2024 | 6:30 pm
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NNN REIT's short interest has decreased by 4.67%, indicating a potential shift towards a more bullish sentiment. The current short interest is 2.86% of the float, which is lower than the peer average of 5.49%.
The decrease in short interest suggests that fewer investors are betting against NNN REIT, which could indicate a more positive outlook on the stock. Additionally, its short interest is lower than the peer average, further supporting a potential bullish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100