How Is The Market Feeling About Guidewire Software?
Portfolio Pulse from Benzinga Insights
Guidewire Software's short interest has decreased by 3.91%, with 1.82 million shares sold short, representing 2.21% of its float. This is lower than its peers' average short interest of 5.58%. A decrease in short interest can indicate a more bullish sentiment.
September 04, 2024 | 6:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Guidewire Software's short interest has decreased by 3.91%, now at 2.21% of its float, which is below the peer average of 5.58%. This decrease may indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Guidewire Software, which can be interpreted as a sign of increased confidence in the stock. This is further supported by the fact that its short interest is below the peer average, indicating a relatively more positive sentiment compared to similar companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100