Looking Into Texas Roadhouse's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Texas Roadhouse's short interest has decreased by 9.41%, with 2.04 million shares sold short, representing 3.08% of its float. This is lower than its peers' average short interest of 11.10%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 10, 2024 | 6:30 pm
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Texas Roadhouse's short interest has decreased by 9.41%, with 2.04 million shares sold short, representing 3.08% of its float. This is lower than its peers' average short interest of 11.10%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Texas Roadhouse, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that its short interest is significantly lower than the peer average, potentially making the stock more attractive to investors.
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