Looking Into CBRE Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CBRE Group's short interest has decreased by 4.12%, with 4.77 million shares sold short, representing 1.86% of its float. This is lower than the peer group average of 6.23%. The decrease in short interest may indicate a more bullish sentiment towards CBRE.
October 25, 2024 | 7:30 pm
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CBRE Group's short interest has decreased by 4.12%, with 4.77 million shares sold short, representing 1.86% of its float. This is lower than the peer group average of 6.23%. The decrease in short interest may indicate a more bullish sentiment towards CBRE.
The decrease in short interest suggests that investors are less bearish on CBRE Group compared to before. With short interest lower than its peers, this could indicate a potential bullish sentiment shift, possibly leading to a positive impact on the stock price.
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