Looking Into UDR's Recent Short Interest
Portfolio Pulse from Benzinga Insights
UDR's short interest has increased by 14.81%, with 6.03 million shares sold short, representing 2.48% of its float. This is below the peer group average of 4.63%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 03, 2024 | 2:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
UDR's short interest has increased by 14.81%, with 6.03 million shares sold short, representing 2.48% of its float. This is below the peer group average of 4.63%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but UDR's short interest is still below the peer average, which may mitigate the negative impact. The short interest data alone does not predict a price drop.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100