Spying in Dutch Bros’ recent short interest – Dutch Bros (Nyse: Bros)

Dutch bros Bros The short percentage of the Float has fallen by 8.7% since its last report. The company recently reported that it has it 7.03 million shares sold brieflyWhat makes 6.61% of all regular stocks available for trade. Based on his trading volume, It would take 3.94 days to cover their short positions on average.

Why short interest is important

Short interest is the number of shares that have been sold briefly but have not yet been covered or closed. From a short time, a dealer sells shares in a company that he does not have, with hope that the price will drop. Dealers earn money with empty sale if the share price falls and they lose when it rises.

Short interest is important to follow because it can act as an indicator of the market mood compared to a certain share. An increase in short interest can signal that investors have become bearer, while a decline in short interest can signal that they have become more buller.

See also: List of the most short -circuited stocks

Dutch Bros Short Interest Graph (3 months)

As you can see from the table above, the percentage of shares that are sold briefly for Dutch Bros has decreased since his last report. This does not mean that the share will increase at short notice, but the dealers should be aware that fewer shares are short -circuited.

Comparison of the short interest of the Dutch bros with colleagues

Peer comparison is a popular technology among analysts and investors to measure how well a company works. A company of a company is another company that has similar characteristics such as industry, size, age and financial structure. You can find a company’s peer group by reading your 10 k analysis of 10 K, proxy registrations or performing your own similarity analysis.

According to Benzinga Pro, the average average of the Dutch Bros Bros is the peer group to obtain a percentage of the swimmer, 9.29%, which means that the company has fewer Short interest than most colleagues.

Did you know that the increasing short interest can actually be optimistic For a share? In this article by Benzinga Money you can benefit from it.

This article was generated by Benzinga’s automated content engine and checked by an editor.