Peering Into Unity Software's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Unity Software's short interest has decreased by 5.87%, with 30.56 million shares sold short, representing 8.02% of its float. This is higher than its peers' average of 7.34%. The decrease in short interest may indicate a more bullish sentiment.
September 04, 2024 | 4:15 pm
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Unity Software's short interest has decreased by 5.87%, with 30.56 million shares sold short, representing 8.02% of its float. This is higher than its peers' average of 7.34%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although Unity Software still has a higher short interest compared to its peers, the reduction could lead to upward pressure on the stock price as short sellers cover their positions.
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