Looking Into NNN REIT's Recent Short Interest
Portfolio Pulse from Benzinga Insights
NNN REIT's short interest has increased by 3.2%, with 3.88 million shares sold short, representing 2.9% of its float. This is below the peer group average of 4.57%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 15, 2024 | 8:30 pm
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NNN REIT's short interest has increased to 2.9% of its float, which is below the peer average of 4.57%. This rise may indicate bearish sentiment, but it doesn't necessarily predict a price decline.
The increase in short interest suggests a bearish sentiment among investors, but since NNN's short interest is still below the peer average, the impact on the stock price may be neutral in the short term.
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IMPORTANCE 70
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