Looking Into Domino's Pizza's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Domino's Pizza (NYSE:DPZ) has seen a rise in short interest, with 7.07% of its float sold short, up 18.23% since the last report. This is below the peer group average of 10.91%. Short interest can indicate market sentiment, with increased shorting often seen as bearish.
September 27, 2024 | 8:45 pm
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Domino's Pizza's short interest has increased by 18.23%, now at 7.07% of its float. This is below the peer average of 10.91%, suggesting less bearish sentiment compared to peers.
The increase in short interest suggests a rise in bearish sentiment, but since it's below the peer average, it may not significantly impact the stock price in the short term. Investors should monitor for further changes.
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