Looking Into Domino's Pizza's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Domino's Pizza (NYSE:DPZ) has seen a 16.12% decrease in its short percent of float, now at 5.93%. This is lower than its peers' average of 11.12%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 18, 2024 | 7:45 pm
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Domino's Pizza's short interest has decreased by 16.12%, now at 5.93%, which is below the peer average of 11.12%. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Domino's Pizza, which could be interpreted as a sign of increased confidence in the stock. This is further supported by the fact that its short interest is below the peer average, indicating relatively stronger market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100