How Is The Market Feeling About CoStar Gr?
Portfolio Pulse from Benzinga Insights
CoStar Group (NYSE:CSGP) has seen an 8.72% increase in its short percent of float, now at 2.37% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.41%.
October 01, 2024 | 1:30 pm
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CoStar Group's short interest has increased by 8.72%, now representing 2.37% of its float. This suggests a rise in bearish sentiment, but the short interest is still below the peer average of 6.41%.
The increase in short interest suggests that investors are becoming more bearish on CoStar Group, 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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100