(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.
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