(ROST) - Analyzing Ross Stores's Short Interest
Portfolio Pulse from Benzinga Insights
Ross Stores (NYSE:ROST) has seen a 19.83% decrease in its short interest, now at 0.93% of its float. This is lower than the peer group average of 18.22%. The decrease in short interest may indicate a more bullish sentiment among investors.
August 22, 2024 | 8:15 pm
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Ross Stores has experienced a significant decrease in short interest, now at 0.93% of its float, which is below the peer average. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Ross Stores, which could indicate a shift towards a more positive outlook on the stock. This is further supported by the fact that its short interest is significantly lower than the peer average, potentially making it more attractive to investors.
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