How Is The Market Feeling About CrowdStrike Holdings?
Portfolio Pulse from Benzinga Insights
CrowdStrike Holdings's (NYSE:CRWD) short percent of float has risen 4.42% since its last report, with 6.69 million shares sold short, which is 3.07% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, CrowdStrike has less short interest.
August 04, 2023 | 4:15 pm
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The increase in short interest in CrowdStrike Holdings indicates a bearish market sentiment, which could potentially lead to a decrease in its stock price. However, it has less short interest compared to its peers, which could be a positive sign.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. An increase in short interest can signal that investors have become more bearish, which could potentially lead to a decrease in the stock price. However, having less short interest compared to its peers could indicate that the market sentiment towards CrowdStrike is not as bearish as it is towards its peers.
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