Peering Into Digital Realty Trust's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Digital Realty Trust (NYSE:DLR) has seen a 29.88% increase in short interest, with 10.50 million shares sold short, representing 4.26% of its float. This is higher than its peers' average of 4.15%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.
October 08, 2024 | 4:30 pm
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Digital Realty Trust's short interest has increased by 29.88%, with 10.50 million shares sold short, making up 4.26% of its float. This is higher than the peer average of 4.15%, indicating bearish sentiment.
The increase in short interest suggests that investors are becoming more bearish on Digital Realty Trust, as it exceeds the peer average. This could lead to downward pressure on the stock price in the short term.
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