Looking Into HubSpot's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HubSpot's (NYSE:HUBS) short percent of float has decreased by 10.66% since its last report, with 1.03 million shares sold short, representing 2.18% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, HubSpot has less short interest as a percentage of float, with an average of 3.47%.
July 07, 2023 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The decrease in short interest in HubSpot could indicate a more bullish sentiment towards the stock. However, this does not guarantee a rise in the stock price in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest could indicate that investors are less bearish about the stock, which could potentially lead to an increase in the stock price. However, other factors also influence the stock price, so a decrease in short interest does not guarantee a price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100