(DAY) - Analyzing Dayforce's Short Interest
Portfolio Pulse from Benzinga Insights
Dayforce's short interest has decreased by 4.53%, with 15.70 million shares sold short, representing 14.98% of its float. This is higher than its peers' average of 6.04%. The decrease in short interest may indicate a shift in market sentiment.
October 31, 2024 | 6:30 pm
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Dayforce's short interest has decreased by 4.53%, with 15.70 million shares sold short, representing 14.98% of its float. This is higher than its peers' average of 6.04%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards a more bullish outlook for Dayforce. Although the short interest is still higher than its peers, the reduction could lead to a positive impact on the stock price as it indicates less bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100