Looking Into ServiceNow's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ServiceNow's short interest has decreased by 6.88%, with 3.06 million shares sold short, representing 1.49% of its float. This is lower than its peers' average of 4.64%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 26, 2024 | 5:45 pm
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ServiceNow's short interest has decreased by 6.88%, with 3.06 million shares sold short, representing 1.49% of its float. This is lower than its peers' average of 4.64%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against ServiceNow, which could indicate a more positive outlook on the stock. Additionally, ServiceNow's short interest is significantly lower than its peers, which may further support a bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100