How Is The Market Feeling About CrowdStrike Holdings?
Portfolio Pulse from Benzinga Insights
CrowdStrike Holdings's (NYSE:CRWD) short percent of float has risen 7.72% since its last report, with 6.44 million shares sold short, which is 2.93% 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 as a percentage of float, which is 4.81% on average.

November 02, 2023 | 7:30 pm
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NEUTRAL IMPACT
The increase in short interest in CrowdStrike Holdings indicates a bearish sentiment among traders. However, compared to its peers, the company has less short interest, 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, while a decrease can signal they have become more bullish. In the case of CrowdStrike, the increase in short interest could indicate a bearish sentiment. However, the fact that the company has less short interest compared to its peers could be seen as a positive sign, as it indicates less negative sentiment compared to other similar companies.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100