How Is The Market Feeling About UiPath?
Portfolio Pulse from Benzinga Insights
UiPath's short interest has decreased by 9.06%, with 35.87 million shares sold short, representing 8.03% of its float. This is higher than its peers' average of 4.38%. The decrease in short interest may indicate a shift in market sentiment.
August 30, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UiPath's short interest has decreased by 9.06%, now at 8.03% of its float, which is higher than its peers' average of 4.38%. This decrease may suggest a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against UiPath, which could indicate a more positive outlook on the stock. This is significant as UiPath's short interest is still higher than its peers, suggesting a potential shift in sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100