Looking Into HubSpot's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HubSpot's (NYSE:HUBS) short percent of float has decreased by 7.55% since its last report, with 940 thousand shares sold short, which is 1.96% of all regular shares available for trading. It would take traders 2.15 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 3.14%.
August 23, 2023 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Decrease in short interest in HubSpot indicates a more bullish market sentiment towards the company.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish on the stock, potentially leading to an increase in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100