Peering Into Roper Techs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Roper Techs's (NYSE:ROP) short percent of float has risen 13.85% since its last report, with 785 thousand shares sold short, which is 0.74% of all regular shares available for trading. An increase in short interest can signal that investors have become more bearish. However, Roper Techs's peer group average for short interest as a percentage of float is 3.48%, which means the company has less short interest than most of its peers.
September 07, 2023 | 1:15 pm
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Roper Techs's short percent of float has risen 13.85%, indicating a bearish sentiment. However, it has less short interest than most of its peers.
The increase in short interest indicates that investors are expecting the price of Roper Techs's stock to fall. However, the company has less short interest than most of its peers, which could mean that the bearish sentiment is not as strong as it seems.
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