(NTNX) - Analyzing Nutanix's Short Interest
Portfolio Pulse from Benzinga Insights
Nutanix's short interest has decreased by 10.2%, with 5.28 million shares sold short, representing 2.29% of its float. This is lower than its peers' average of 3.20%. The decrease in short interest may indicate a more bullish sentiment towards Nutanix.
October 25, 2024 | 6:00 pm
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Nutanix's short interest has decreased by 10.2%, with 5.28 million shares sold short, representing 2.29% of its float. This is lower than its peers' average of 3.20%. The decrease in short interest may indicate a more bullish sentiment towards Nutanix.
The decrease in short interest suggests that fewer investors are betting against Nutanix, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Nutanix's short interest is below the average of its peers, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100