How Is The Market Feeling About Dell Technologies?
Portfolio Pulse from Benzinga Insights
Dell Technologies' short percent of float has decreased by 19.41% since its last report, with 6.83 million shares sold short, representing 2.74% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Dell. Compared to its peers, Dell has less short interest, with the average for its peer group being 6.16%.
September 12, 2023 | 4:30 pm
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Dell Technologies' short interest has decreased, potentially indicating a more bullish sentiment towards the company's stock.
Short interest is an indicator of market sentiment towards a stock. A decrease in short interest, as seen with Dell Technologies, could indicate that investors are becoming more bullish on the stock, potentially leading to an increase in its price in the short term.
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