Peering Into CrowdStrike Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CrowdStrike Holdings (NYSE:CRWD) has seen a 16.01% decrease in short interest, now at 6.16 million shares or 2.78% of float, taking 1.9 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards CRWD compared to its peers, where the average short interest as a percentage of float is 4.10%.
February 20, 2024 | 2:30 pm
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CrowdStrike Holdings's short interest has decreased, indicating a potential bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more optimistic about a stock's future performance. For CRWD, this reduction could reduce selling pressure and potentially lead to a price increase in the short term, especially since it's lower than its peer average.
CONFIDENCE 80
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