(PLTR) - Analyzing Palantir Technologies's Short Interest
Portfolio Pulse from Benzinga Insights
Palantir Technologies's (NYSE:PLTR) short percent of float has fallen 4.14% since its last report, with 132.54 million shares sold short, which is 7.18% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, compared to its peers, Palantir has a higher short interest as a percentage of float (3.14%).
July 13, 2023 | 3:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards Palantir Technologies. However, its higher short interest compared to peers might be a concern.
A decrease in short interest usually indicates a more bullish sentiment as fewer traders are betting on the stock's price to fall. However, Palantir's higher short interest compared to its peers could indicate that traders are more bearish on Palantir than on its peers.
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