Looking Into Dell Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dell Technologies' (NYSE:DELL) short percent of float has risen 10.09% since its last report, with 9.34 million shares sold short, which is 3.82% of all regular shares available for trading. It would take traders 1.75 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.27%.
July 06, 2023 | 8:01 pm
News sentiment analysis
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Dell Technologies' short interest has increased, indicating a bearish sentiment among traders. However, its short interest is less than its peer group average.
An increase in short interest indicates that traders expect the stock price to fall. However, Dell's short interest is less than its peer group average, which could mean that the bearish sentiment is not as strong as it is for its peers.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100