How Is The Market Feeling About Welltower?
Portfolio Pulse from Benzinga Insights
Welltower's short interest has increased by 13.4%, with 11 million shares sold short, representing 2.37% of its float. This is lower than its peers' average of 7.29%. Increased short interest can indicate bearish sentiment but doesn't guarantee a price drop.
September 17, 2024 | 6:15 pm
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Welltower's short interest has increased by 13.4%, with 11 million shares sold short, representing 2.37% of its float. This is lower than its peers' average of 7.29%. Increased short interest can indicate bearish sentiment but doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but since Welltower's short interest is still below the peer average, the impact on the stock price may be neutral in the short term. The market sentiment is mixed, and the stock price may not necessarily decline.
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