(TWLO) - Analyzing Twilio's Short Interest
Portfolio Pulse from Benzinga Insights
Twilio's (NYSE:TWLO) short interest has increased by 5.73% since the last report, with 2.49 million shares sold short, representing 1.66% of its float. This indicates a bearish market sentiment, although it's lower than its peer group average of 6.99%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.
May 09, 2024 | 4:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Twilio's short interest has risen, indicating a bearish sentiment among traders. However, it remains below the peer average, suggesting a mixed outlook.
The increase in short interest for Twilio suggests that traders are expecting the stock price to decline, which could lead to a short-term negative impact on the stock price. However, being below the peer average indicates that the sentiment is not as bearish compared to similar companies, which might limit the downside.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90