Looking Into Digital Turbine's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Digital Turbine (NYSE:APPS) has seen a decrease in short interest, with the short percent of float falling 12.76% to 4.17%. This indicates fewer shares are being shorted, suggesting a potential shift in market sentiment towards the stock. The company's short interest is below its peer group average of 8.14%, indicating less bearish sentiment compared to its peers.
February 19, 2024 | 6:15 pm
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Digital Turbine's short interest has decreased, indicating a potential positive shift in market sentiment towards the company.
A decrease in short interest often suggests that investors are becoming less bearish, potentially leading to a positive impact on the stock price in the short term. Given that APPS's short interest is also below its peer group average, this could further indicate a more bullish sentiment towards the company compared to its peers.
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