(DAY) - Analyzing Dayforce's Short Interest
Portfolio Pulse from Benzinga Insights
Dayforce (NYSE:DAY) has seen an 8.46% increase in its short percent of float, now at 16.28%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.71%.
August 05, 2024 | 5:00 pm
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Dayforce's short percent of float has increased by 8.46%, reaching 16.28%. This is significantly higher than the peer group average of 5.71%, indicating a bearish sentiment among investors.
The significant increase in short interest suggests that investors are bearish on Dayforce's stock. This could lead to downward pressure on the stock price in the short term.
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