(HUBS) - Analyzing HubSpot's Short Interest
Portfolio Pulse from Benzinga Insights
HubSpot's short interest has risen by 12.1%, with 1.76% of its float sold short. This is lower than the peer group average of 4.04%. The increase in short interest may indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.
May 29, 2024 | 7:01 pm
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HubSpot's short interest has increased by 12.1%, now at 1.76% of its float. This is lower than the peer group average of 4.04%. The rise in short interest may indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.
The increase in short interest suggests that more investors are betting against HubSpot, which could indicate bearish sentiment. However, the short interest is still lower than the peer average, and short interest alone does not guarantee a price drop.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100