Peering Into Salesforce's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Salesforce's short interest has decreased by 13.42%, with 11.97 million shares sold short, representing 1.29% of its float. This is lower than the peer group average of 3.35%. A decrease in short interest can indicate a more bullish sentiment.
September 19, 2024 | 1:45 pm
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Salesforce's short interest has decreased by 13.42%, with 11.97 million shares sold short, representing 1.29% of its float. This is lower than the peer group average of 3.35%. A decrease in short interest can indicate a more bullish sentiment.
The decrease in short interest suggests that investors are becoming less bearish on Salesforce, which could lead to a positive impact on the stock price. The short interest is also lower than the peer average, further indicating a relatively bullish sentiment.
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