Peering Into Dynatrace's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dynatrace's (NYSE:DT) short interest has risen by 54.22% since its last report, with 9.38 million shares sold short, representing 3.84% of its float. This increase in short interest could indicate bearish sentiment among investors.
June 04, 2024 | 4:30 pm
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Dynatrace's short interest has increased by 54.22%, with 9.38 million shares sold short, representing 3.84% of its float. This could indicate bearish sentiment among investors.
The significant increase in short interest suggests that more investors are betting against Dynatrace, which could lead to downward pressure on the stock price in the short term.
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