Peering Into Wingstop's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Wingstop's short interest has risen by 5.02%, with 1.96 million shares sold short, representing 6.69% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Wingstop's short interest is still lower than its peer group average of 10.24%.
May 15, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wingstop's short interest has increased by 5.02%, now at 6.69% of its float. This could indicate bearish sentiment, but it's still below the peer group average of 10.24%.
The increase in short interest suggests that more investors are betting against Wingstop, which could lead to downward pressure on the stock price. However, the short interest is still lower than the peer group average, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100