(ZETA) - Analyzing Zeta Global Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
Zeta Global Holdings (NYSE:ZETA) has seen a 9.14% decrease in its short percent of float, now at 5.07%. This is lower than its peers' average of 8.74%. It would take traders 2.6 days to cover short positions. Decreased short interest may indicate a more bullish sentiment.
October 21, 2024 | 7:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Zeta Global Holdings has experienced a 9.14% decrease in short interest, now at 5.07% of float, which is below the peer average of 8.74%. This could indicate a shift towards a more bullish market sentiment.
The decrease in short interest suggests that fewer investors are betting against Zeta Global Holdings, which could indicate a more positive outlook on the stock. Additionally, the short interest is below the peer average, further supporting a potential bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100