How Is The Market Feeling About Manhattan Associates?
Portfolio Pulse from Benzinga Insights
Manhattan Associates (NYSE:MANH) has seen a 17.17% increase in its short percent of float, now at 4.64%, indicating a bearish sentiment compared to its peers with an average of 3.21%. This could signal potential volatility in the stock's price.
September 18, 2024 | 1:30 pm
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Manhattan Associates has experienced a significant increase in short interest, now at 4.64% of float, suggesting bearish sentiment. This is higher than its peers' average of 3.21%, indicating potential volatility in the stock price.
The increase in short interest to 4.64% suggests that investors are more bearish on Manhattan Associates compared to its peers, which have an average short interest of 3.21%. This could lead to increased volatility in the stock price as traders may anticipate a decline.
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IMPORTANCE 80
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