Peering Into Gartner's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Gartner's (NYSE:IT) short interest has risen by 7.74%, with 1.11 million shares sold short, representing 1.67% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Gartner's short interest is still below the peer group average of 3.26%.
May 21, 2024 | 1:15 pm
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Gartner's short interest has increased by 7.74%, now at 1.67% of its float. This could indicate bearish sentiment, but its short interest remains below the peer average of 3.26%.
The increase in short interest suggests that more investors are betting against Gartner, which could be seen as a bearish signal. However, the short interest is still below the peer average, which might mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100