How Is The Market Feeling About Union Pacific?
Portfolio Pulse from Benzinga Insights
Union Pacific's short interest has decreased by 7.5%, with 4.51 million shares sold short, representing 0.74% of its float. This is lower than the peer average of 7.39%, indicating a more bullish sentiment towards Union Pacific compared to its peers.
October 03, 2024 | 1:45 pm
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Union Pacific's short interest has decreased by 7.5%, now at 0.74% of its float, which is lower than the peer average of 7.39%. This suggests a more bullish sentiment towards the stock.
The decrease in short interest indicates a shift towards a more bullish sentiment among investors. With Union Pacific's short interest being significantly lower than its peers, it suggests that investors are less bearish on the stock compared to similar companies. This could lead to a positive impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100