(ADC) - Analyzing Agree Realty's Short Interest
Portfolio Pulse from Benzinga Insights
Agree Realty's short interest has increased by 10.03%, with 15.79% of its float sold short. This is significantly higher than its peers' average of 5.06%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.
September 25, 2024 | 3:30 pm
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Agree Realty's short interest has increased to 15.79% of its float, significantly higher than its peers' average of 5.06%. This could indicate bearish sentiment, but doesn't guarantee a price drop.
The increase in short interest to 15.79% suggests that investors are more bearish on Agree Realty compared to its peers, whose average short interest is 5.06%. This could lead to downward pressure on the stock price in the short term, although it doesn't guarantee a price drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100