How Is The Market Feeling About CareTrust REIT?
Portfolio Pulse from Benzinga Insights
CareTrust REIT (NYSE:CTRE) has seen a 24.93% decrease in its short percent of float, now at 2.74%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 7.28%.
October 28, 2024 | 4:45 pm
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CareTrust REIT's short interest has decreased by 24.93%, now at 2.74%, suggesting a more bullish market sentiment compared to its peers with higher short interest.
The significant decrease in short interest suggests that investors are less bearish on CareTrust REIT, which could lead to a positive short-term impact on its stock price. Compared to its peers, CTRE has a lower short interest, indicating a relatively more favorable market sentiment.
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