Peering Into Dyne Therapeutics's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dyne Therapeutics (NYSE:DYN) has seen an 11.55% increase in its short percent of float, now at 9.08%. This indicates a bearish sentiment among investors, although it is below the peer group average of 15.27%.
September 30, 2024 | 5:15 pm
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Dyne Therapeutics has experienced an 11.55% increase in short interest, now at 9.08% of its float. This suggests a bearish sentiment, but it's still below the peer average of 15.27%.
The increase in short interest suggests that investors are becoming more bearish on Dyne Therapeutics. However, since the short interest is still below the peer average, the bearish sentiment may not be as strong as it could be. This could lead to downward pressure on the stock price in the short term.
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