Looking Into Dyne Therapeutics's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dyne Therapeutics (NYSE:DYN) has seen a 15.97% increase in its short percent of float, now at 10.53%. This indicates a bearish sentiment among investors, although it is below the peer group average of 15.50%.
October 22, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Dyne Therapeutics has experienced a significant increase in short interest, now at 10.53% of its float. This suggests a bearish sentiment, although it remains below the peer average of 15.50%.
The increase in short interest to 10.53% suggests that investors are becoming more bearish on Dyne Therapeutics. However, since this is below the peer average, it may not be as severe as it seems. The short interest indicates potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100