Looking Into Wayfair's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Wayfair's (NYSE:W) short percent of float has risen 5.91% since its last report, with 21.82 million shares sold short, representing 32.25% of all regular shares available for trading. This increase in short interest suggests a bearish sentiment among investors.
August 06, 2024 | 1:15 pm
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Wayfair's short interest has increased by 5.91%, with 21.82 million shares sold short, representing 32.25% of the float. This suggests a bearish sentiment among investors.
The significant increase in short interest indicates that investors are bearish on Wayfair's stock. This could lead to downward pressure on the stock price in the short term as more investors bet against it.
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