Looking Into CrowdStrike Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CrowdStrike Holdings (NYSE:CRWD) has seen a decrease in its short interest by 11.39%, with 8.94 million shares sold short, representing 3.89% of its float. This is lower than the peer group average of 5.00%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 29, 2024 | 5:15 pm
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CrowdStrike Holdings has experienced an 11.39% decrease in short interest, now at 3.89% of its float, which is below the peer average of 5.00%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against CrowdStrike, which can be interpreted as a sign of increased confidence in the stock. This is further supported by the fact that its short interest is below the peer average, indicating a relatively more positive sentiment compared to its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100