How Is The Market Feeling About Gartner?
Portfolio Pulse from Benzinga Insights
Gartner's short interest has increased by 5.17%, with 1.20 million shares sold short, representing 1.83% of its float. This is below the peer group average of 4.47%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
September 17, 2024 | 7:45 pm
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Gartner's short interest has increased by 5.17%, with 1.20 million shares sold short, representing 1.83% of its float. This is below the peer group average of 4.47%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest indicates a bearish sentiment among investors, which could lead to downward pressure on Gartner's stock price. However, the short interest is still below the peer average, which might mitigate the impact. The market sentiment is crucial, and the increased short interest suggests caution.
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