(ROP) - Analyzing Roper Techs's Short Interest
Portfolio Pulse from Benzinga Insights
Roper Technologies (NYSE:ROP) has seen a 19.09% increase in its short percent of float, now at 1.31% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, Roper's short interest is still lower than its peer group average of 3.88%.
June 19, 2024 | 8:00 pm
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Roper Technologies has experienced a 19.09% increase in short interest, now at 1.31% of its float. This suggests a rise in bearish sentiment, although its short interest remains below the peer average of 3.88%.
The increase in short interest indicates a rise in bearish sentiment among investors, which could put downward pressure on the stock price in the short term. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
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