Peering Into Dollar Tree's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Tree's (NYSE:DLTR) short percent of float has fallen 7.69% since its last report, with 6.59 million shares sold short, which is 3.6% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, Dollar Tree's short interest as a percentage of float is higher than its peer group average of 2.92%.
August 10, 2023 | 4:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Dollar Tree.
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. Dollar Tree's short interest has decreased, which could indicate a more bullish sentiment towards the stock. However, its short interest as a percentage of float is higher than its peer group average, which could indicate some level of bearish sentiment.
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