(EXR) - Analyzing Extra Space Storage's Short Interest
Portfolio Pulse from Benzinga Insights
Extra Space Storage (NYSE:EXR) has seen a 20.24% increase in its short percent of float, now at 2.97%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.21%.
September 30, 2024 | 6:00 pm
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Extra Space Storage's short interest has increased by 20.24%, now at 2.97% of float, indicating a rise in bearish sentiment. However, it remains below the peer average of 4.21%.
The increase in short interest suggests that investors are becoming more bearish on EXR, 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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