Looking Into Dutch Bros's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dutch Bros's (NYSE:BROS) short interest has fallen 12.8% to 8.45% of its float. This indicates a more bullish sentiment compared to its peers, whose average short interest is 10.25%. It would take traders 2.78 days to cover their short positions.
June 21, 2024 | 8:30 pm
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Dutch Bros's short interest has decreased by 12.8%, now at 8.45% of its float. This suggests a more bullish sentiment among investors compared to its peers, whose average short interest is 10.25%.
The decrease in short interest suggests that fewer investors are betting against Dutch Bros, which can be interpreted as a positive signal for the stock. Compared to its peers, Dutch Bros has a lower short interest, further indicating a relatively more bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100