(VEEV) - Analyzing Veeva Systems's Short Interest
Portfolio Pulse from Benzinga Insights
Veeva Systems (NYSE:VEEV) has seen a 3.52% increase in its short percent of float, now at 1.47% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.46%.
September 02, 2024 | 7:45 pm
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Veeva Systems has experienced a 3.52% increase in short interest, now at 1.47% of its float. This suggests a rise in bearish sentiment, but the short interest is still lower than its peers' average of 6.46%.
The increase in short interest suggests that investors are becoming more bearish on Veeva Systems. However, since the short interest is still below the peer average, the impact may be limited. The short interest rise could lead to downward pressure on the stock price in the short term.
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