Looking Into MicroAlgo's Recent Short Interest
Portfolio Pulse from Benzinga Insights
MicroAlgo's (NYSE:MLGO) short percent of float has fallen 69.44% since its last report, with 703 thousand shares sold short, representing 14.89% of all regular shares available for trading. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.
August 05, 2024 | 5:00 pm
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MicroAlgo's short interest has decreased by 69.44%, now at 14.89% of the float. This reduction could indicate a shift towards a more bullish market sentiment.
The significant drop in short interest suggests that fewer investors are betting against the stock, which could be interpreted as a positive signal for the stock's short-term performance.
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