How Is The Market Feeling About Procore Technologies?
Portfolio Pulse from Benzinga Insights
Procore Technologies (NYSE:PCOR) has seen a 6.92% decrease in its short percent of float, now at 13.46%. This is higher than its peers' average of 5.22%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 21, 2024 | 2:00 pm
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Procore Technologies has experienced a 6.92% decrease in short interest, now at 13.46% of float, which is higher than its peers' average. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests that fewer investors are betting against Procore Technologies, which could indicate a more positive outlook on the stock. The fact that its short interest is still higher than its peers suggests that there is still some bearish sentiment, but the trend is moving towards bullishness.
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IMPORTANCE 80
RELEVANCE 100