Looking Into Camden Prop Trust's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Camden Prop Trust (NYSE:CPT) has seen a 6.59% decrease in its short percent of float, now at 2.41%. This is lower than its peers' average of 4.64%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 26, 2024 | 8:00 pm
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Camden Prop Trust's short interest has decreased by 6.59%, now at 2.41% of float, indicating a potential shift towards bullish sentiment. This is lower than the peer average of 4.64%.
The decrease in short interest suggests that investors are less bearish on Camden Prop Trust compared to before. With its short interest below the peer average, this could indicate a more positive outlook for the stock, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100