Looking Into Ross Stores's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ross Stores's (NASDAQ:ROST) short percent of float has fallen 53.96% since its last report, with 2.68 million shares sold short, which is 0.93% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Ross Stores's short interest as a percentage of float is lower than its peer group average of 17.21%.
June 30, 2023 | 8:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards Ross Stores.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish. Ross Stores's short interest has decreased by 53.96%, which could indicate a shift in market sentiment towards the stock.
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