Looking Into Dynatrace's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dynatrace's (NYSE:DT) short interest has fallen by 16.72%, with 6.09 million shares sold short, representing 2.49% of its float. This is lower than the peer group average of 3.69%. The decrease in short interest could indicate a more bullish sentiment among investors.
May 17, 2024 | 2:45 pm
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Dynatrace's short interest has decreased by 16.72%, now at 2.49% of its float, which is lower than the peer average of 3.69%. This could indicate a more bullish sentiment among investors.
The significant decrease in short interest suggests that fewer investors are betting against Dynatrace, which could be interpreted as a positive signal for the stock's short-term performance.
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