(TOST) - Analyzing Toast's Short Interest
Portfolio Pulse from Benzinga Insights
Toast's short interest has decreased by 11.52%, with 31.25 million shares sold short, representing 6.91% of its float. This is higher than its peers' average of 5.62%. The decrease in short interest may indicate a shift in market sentiment.
August 29, 2024 | 3:30 pm
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Toast's short interest has decreased by 11.52%, now at 6.91% of its float, which is higher than its peers' average. This decrease may indicate a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Toast, which could indicate a more positive outlook on the stock. This is particularly notable as Toast's short interest remains higher than its peers, suggesting a potential shift in sentiment.
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