(BILL) - Analyzing BILL Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
BILL Holdings (NYSE:BILL) has seen a 24.76% increase in its short percent of float, now at 3.88% of available shares. This indicates a rise in bearish sentiment, although its short interest is lower than the peer average of 7.78%.
September 18, 2024 | 1:45 pm
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BILL Holdings has experienced a significant increase in short interest, rising by 24.76% to 3.88% of its float. This suggests a growing bearish sentiment among investors, although its short interest remains below the peer average of 7.78%.
The increase in short interest by 24.76% suggests that investors are becoming more bearish on BILL Holdings. This could lead to downward pressure on the stock price in the short term. However, the short interest is still below the peer average, which might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100