Looking Into BILL Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
BILL Holdings (NYSE:BILL) has seen a rise in short interest, with 2.50 million shares sold short, representing 3.11% of its float. This increase in short interest suggests a bearish sentiment, although it remains below the peer group average of 7.32%.
August 29, 2024 | 6:45 pm
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BILL Holdings has experienced an 11.87% increase in short interest, now at 3.11% of its float. This suggests a bearish sentiment, but it's still below the peer average of 7.32%.
The increase in short interest indicates that more investors are betting against BILL Holdings, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the bearish sentiment might not be as strong as it could be.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100