Peering Into Dollar Tree's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Tree's (NASDAQ:DLTR) short percent of float has risen 15.7% since its last report, with 7.69 million shares sold short, which is 4.2% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock, signaling that investors have become more bearish. However, increasing short interest can also be bullish for a stock.
June 29, 2023 | 5:15 pm
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Dollar Tree's short percent of float has risen 15.7%, indicating a bearish sentiment. However, increasing short interest can also be bullish.
The increase in short interest indicates that investors are expecting the price of Dollar Tree's stock to fall. However, this can also be a bullish sign as it means there is potential for a short squeeze, which could drive the price up. Therefore, the impact on the stock price in the short term is uncertain.
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