Peering Into Wendy's's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Wendy's (NYSE:WEN) has seen a 7.67% decrease in its short percent of float, now at 8.43%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 11.04%.
October 25, 2024 | 7:30 pm
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Wendy's short interest has decreased by 7.67%, now at 8.43% of float, suggesting a more bullish sentiment compared to its peers, whose average short interest is 11.04%.
The decrease in short interest suggests that investors are becoming more bullish on Wendy's compared to its peers, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100