(DPZ) - Analyzing Domino's Pizza's Short Interest
Portfolio Pulse from Benzinga Insights
Domino's Pizza (NYSE:DPZ) has seen a rise in its short interest, now at 5.74% of its float, indicating increased bearish sentiment. However, this is still below the peer group average of 9.83%.
August 27, 2024 | 5:00 pm
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Domino's Pizza's short interest has increased to 5.74% of its float, suggesting a rise in bearish sentiment. However, this is still below the peer average of 9.83%, indicating relatively less bearishness compared to peers.
The increase in short interest to 5.74% suggests more traders are betting against DPZ, indicating bearish sentiment. However, since this is below the peer average of 9.83%, it may not be a strong negative indicator. The market sentiment is mixed, leading to a neutral short-term impact.
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