How Is The Market Feeling About Etsy?
Portfolio Pulse from Benzinga Insights
Etsy's short interest has increased by 3.08%, with 14.77 million shares sold short, representing 14.72% of its float. This is higher than its peers' average of 7.89%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.
September 10, 2024 | 1:15 pm
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Etsy's short interest has increased to 14.72% of its float, indicating a bearish sentiment among investors. This is significantly higher than the peer average of 7.89%.
The increase in short interest to 14.72% suggests that investors are becoming more bearish on Etsy compared to its peers, which have an average short interest of 7.89%. This could lead to downward pressure on the stock price in the short term.
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