How Is The Market Feeling About Wynn Resorts?
Portfolio Pulse from Benzinga Insights
Wynn Resorts (NYSE:WYNN) has seen a 10.51% increase in its short percent of float, now at 4.31%. This indicates a bearish sentiment among investors, although its short interest is below the peer group average of 4.57%.
September 18, 2024 | 8:01 pm
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Wynn Resorts has experienced a 10.51% increase in short interest, now at 4.31% of its float. This suggests a bearish sentiment, but its short interest is still below the peer average of 4.57%.
The increase in short interest suggests that investors are becoming more bearish on Wynn Resorts. However, the short interest is still below the peer average, which may mitigate some negative sentiment. The short interest level indicates potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100