How Is The Market Feeling About Coupang?
Portfolio Pulse from Benzinga Insights
Coupang's short interest has decreased by 20%, with 1.76% of its shares sold short, indicating a more bullish sentiment compared to its peers, which have an average short interest of 9.46%.
September 12, 2024 | 4:45 pm
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Coupang's short interest has decreased by 20%, now at 1.76% of float, suggesting a more bullish market sentiment. This is lower than the peer average of 9.46%, potentially indicating a positive outlook.
The decrease in short interest by 20% suggests that investors are less bearish on Coupang, which could lead to a positive impact on the stock price. The short interest is significantly lower than the peer average, indicating a relatively bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100