Looking Into Welltower's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Welltower's short interest has decreased by 14.02%, with 11.04 million shares sold short, representing 2.33% of its float. This is lower than its peers' average short interest of 7.31%. The decrease in short interest may indicate a more bullish sentiment towards Welltower.
October 14, 2024 | 7:15 pm
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Welltower's short interest has decreased by 14.02%, now at 2.33% of its float, which is lower than the peer average of 7.31%. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests that fewer investors are betting against Welltower, which could be interpreted as a sign of increasing confidence in the stock. This is further supported by the fact that Welltower's short interest is significantly lower than its peers, indicating a relatively more positive market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100