Peering Into SBA Comms's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SBA Comms (NYSE:SBAC) has seen a 6.96% increase in its short percent of float, now at 2.46% of available shares. This indicates a rise in bearish sentiment, although its short interest is below the peer group average of 3.41%.
September 10, 2024 | 2:15 pm
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SBA Comms has experienced a 6.96% increase in short interest, now at 2.46% of its float. This suggests a rise in bearish sentiment, though its short interest remains below the peer average of 3.41%.
The increase in short interest suggests that investors are becoming more bearish on SBAC, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact might be moderated.
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