Looking Into Essential Props Realty's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Essential Props Realty (NYSE:EPRT) has seen a 15.97% increase in short interest, with 16.7% of its float sold short. This is significantly higher than its peers' average of 2.17%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.
October 17, 2024 | 3:00 pm
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Essential Props Realty's short interest has increased by 15.97%, with 16.7% of its float sold short, indicating potential bearish sentiment. This is significantly higher than its peers' average short interest of 2.17%.
The significant increase in short interest suggests that investors are more bearish on EPRT compared to its peers. This could lead to downward pressure on the stock price in the short term, as high short interest often reflects negative sentiment.
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