(BROS) - Analyzing Dutch Bros's Short Interest
Portfolio Pulse from Benzinga Insights
Dutch Bros (NYSE:BROS) has seen a 23.01% decrease in its short percent of float, now at 8.7%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 10.02%. It would take traders 3.98 days to cover their short positions.
August 16, 2024 | 8:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Dutch Bros has seen a significant 23.01% decrease in its short percent of float, now at 8.7%. This suggests a more bullish sentiment among investors compared to its peers, whose average short interest is 10.02%.
The decrease in short interest suggests that investors are becoming more bullish on Dutch Bros compared to its peers. This could lead to a positive short-term impact on the stock price as fewer investors are betting against it.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100