How Is The Market Feeling About GoDaddy?
Portfolio Pulse from Benzinga Insights
GoDaddy's short interest has decreased by 6.81%, with 3.30 million shares sold short, representing 3.01% of its float. This is lower than its peers' average short interest of 6.50%. The decrease in short interest may indicate a more bullish sentiment towards GoDaddy.
October 07, 2024 | 7:15 pm
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GoDaddy's short interest has decreased by 6.81%, with 3.30 million shares sold short, representing 3.01% of its float. This is lower than its peers' average short interest of 6.50%. The decrease in short interest may indicate a more bullish sentiment towards GoDaddy.
The decrease in short interest suggests that investors are less bearish on GoDaddy compared to before. With its short interest lower than the peer average, this could indicate a potential bullish sentiment shift, possibly leading to a positive short-term impact on the stock price.
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