(UPST) - Analyzing Upstart Hldgs's Short Interest
Portfolio Pulse from Benzinga Insights
Upstart Holdings (NYSE:UPST) has seen a 5.28% decrease in its short percent of float, now at 30.33%. This is significantly higher than its peers' average of 5.50%. The decrease in short interest may indicate a shift in market sentiment.
October 07, 2024 | 4:15 pm
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Upstart Holdings has experienced a 5.28% decrease in short interest, now at 30.33% of float, which is higher than its peers' average of 5.50%. This could indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards a more bullish outlook for Upstart Holdings. Although the short interest remains high compared to peers, the reduction could lead to upward pressure on the stock price as traders cover their positions.
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