Looking Into Procore Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Procore Technologies (NYSE:PCOR) has seen a 6.92% decrease in its short percent of float, now at 13.46%. This is higher than its peers' average of 5.46%. The decrease in short interest may indicate a shift in market sentiment.
September 06, 2024 | 6:30 pm
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Procore Technologies has experienced a 6.92% decrease in short interest, now at 13.46% of float, which is higher than its peers' average. This could indicate a shift in market sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Procore Technologies, which could indicate a more bullish sentiment. The fact that its short interest is still higher than peers suggests that while sentiment may be improving, caution remains.
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