Looking Into Trade Desk's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Trade Desk's (NYSE:TTD) short percent of float has fallen 12.06% since its last report, with 13.78 million shares sold short, which is 3.5% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Trade Desk has less short interest as a percentage of float, with the average being 4.66%.
July 19, 2023 | 1:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Trade Desk's stock.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock, which could potentially lead to an increase in its price.
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