(KD) - Analyzing Kyndryl Hldgs's Short Interest
Portfolio Pulse from Benzinga Insights
Kyndryl Holdings (NYSE:KD) has seen a 12.12% decrease in its short interest, now at 5.15% of its float. This is higher than its peers' average of 4.14%. The decrease in short interest suggests a less bearish sentiment among investors.
September 19, 2024 | 6:45 pm
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Kyndryl Holdings has experienced a 12.12% decrease in short interest, now at 5.15% of its float, which is higher than the peer average of 4.14%. This suggests a shift towards a less bearish sentiment among investors.
The decrease in short interest by 12.12% indicates that fewer investors are betting against Kyndryl Holdings, suggesting a potential shift in market sentiment towards a more positive outlook. This could lead to a short-term positive impact on the stock price as bearish pressure decreases.
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