Looking Into Dollar Tree's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Tree's (NYSE:DLTR) short percent of float has fallen 4.55% since its last report, with 6.14 million shares sold short, which is 3.36% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Dollar Tree has less short interest.
October 19, 2023 | 5:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Dollar Tree's stock.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price.
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