(ULTA) - Analyzing Ulta Beauty's Short Interest
Portfolio Pulse from Benzinga Insights
Ulta Beauty's short interest has decreased by 20.18%, with 6.29% of its shares sold short. This is lower than the peer group average of 12.73%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 18, 2024 | 6:30 pm
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Ulta Beauty's short interest has decreased by 20.18%, with 6.29% of its shares sold short. This is lower than the peer group average of 12.73%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Ulta Beauty compared to before. With the short interest being lower than the peer average, it may indicate a more positive outlook on the stock, potentially leading to a short-term price increase.
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