How Is The Market Feeling About Piper Sandler?
Portfolio Pulse from Benzinga Insights
Piper Sandler's short interest has increased by 32.23%, with 3.2% of its shares sold short. This is slightly below the peer group average of 3.26%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
August 21, 2024 | 3:15 pm
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Piper Sandler's short interest has increased by 32.23%, with 3.2% of its shares sold short. This is slightly below the peer group average of 3.26%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests that investors are becoming more bearish on Piper Sandler, which could lead to downward pressure on the stock price. However, the short interest is still slightly below the peer average, which may mitigate the impact.
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