Looking Into Dollar Tree's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Tree's short interest has decreased by 4.58%, with 8.88 million shares sold short, representing 5% of its float. This is higher than its peers' average of 3.34%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 17, 2024 | 6:00 pm
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Dollar Tree's short interest has decreased by 4.58%, with 8.88 million shares sold short, representing 5% of its float. This is higher than its peers' average of 3.34%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although Dollar Tree's short interest is still higher than its peers, the reduction could lead to a positive short-term impact on the stock price as it indicates less bearish sentiment.
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