How Is The Market Feeling About MicroStrategy?
Portfolio Pulse from Benzinga Insights
MicroStrategy's short interest has increased by 18.79%, with 16.82% of its shares sold short. This is significantly higher than its peers' average of 2.63%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.
October 24, 2024 | 4:16 pm
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MicroStrategy's short interest has increased significantly, indicating potential bearish sentiment. However, this doesn't necessarily predict a price drop.
The increase in short interest to 16.82% suggests that investors are more bearish on MicroStrategy compared to its peers, whose average short interest is 2.63%. This could lead to downward pressure on the stock price, although it doesn't guarantee a decline.
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