Peering Into Monday.Com's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Monday.Com's (NYSE:MNDY) short interest has fallen by 5.68%, with 2.10 million shares sold short, representing 5.15% of the float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.
May 31, 2024 | 1:00 pm
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Monday.Com's short interest has decreased by 5.68%, now at 5.15% of the float. This reduction could indicate a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. This could lead to a short-term price increase as market sentiment shifts.
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