(BURL) - Analyzing Burlington Stores's Short Interest
Portfolio Pulse from Benzinga Insights
Burlington Stores (NYSE:BURL) has seen a 6.08% increase in its short percent of float, now at 3.84%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 17.83%.
October 25, 2024 | 5:30 pm
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Burlington Stores has experienced a 6.08% increase in short interest, now at 3.84% of float. This suggests a rise in bearish sentiment, though it remains below the peer average of 17.83%.
The increase in short interest suggests that investors are becoming more bearish on Burlington Stores, which could lead to downward pressure on the stock price. However, the short interest is still below the peer average, which may mitigate the impact.
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