Peering Into Veeva Sys's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Veeva Systems' (NYSE:VEEV) short percent of float has decreased by 10.78% since its last report, with 3.48 million shares sold short, which is 2.4% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Veeva Systems. Compared to its peers, Veeva Systems has less short interest as a percentage of float, with an average of 6.87%.
October 26, 2023 | 1:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Veeva Systems, potentially impacting its stock price positively.
Short interest is a measure of market sentiment. A decrease in short interest often indicates a more bullish sentiment, which could lead to an increase in stock price. As such, the decrease in short interest for Veeva Systems could potentially lead to a positive impact on its stock price.
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