(HUBS) - Analyzing HubSpot's Short Interest
Portfolio Pulse from Benzinga Insights
HubSpot's (NYSE:HUBS) short interest has decreased by 15.81% since the last report, with 949 thousand shares sold short, representing 1.97% of available shares. The average time to cover these short positions is 2.01 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. HubSpot has less short interest compared to its peer group average of 3.31%.
December 22, 2023 | 4:15 pm
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HubSpot's short interest has decreased, which may suggest a more bullish sentiment among investors and could lead to a potential short-term increase in stock price.
A decrease in short interest typically indicates that investors are less bearish on a stock, which can lead to an increase in its price as short sellers cover their positions. However, short interest is just one of many factors that can affect stock prices, and there is no guarantee that the price will rise.
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