How Is The Market Feeling About UDR?
Portfolio Pulse from Benzinga Insights
UDR's short interest has decreased by 8.06%, with 5.53 million shares sold short, representing 2.28% of its float. This is lower than its peers' average of 3.62%, indicating a relatively bullish sentiment. It would take 2.31 days to cover these positions.
October 21, 2024 | 1:45 pm
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POSITIVE IMPACT
UDR's short interest has decreased by 8.06%, now at 2.28% of its float, which is lower than its peers' average of 3.62%. This suggests a more bullish sentiment towards UDR compared to its peers.
The decrease in short interest suggests that investors are less bearish on UDR compared to its peers, which could lead to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100