How Is The Market Feeling About Richtech Robotics?
Portfolio Pulse from Benzinga Insights
Richtech Robotics (NYSE:RR) has seen a 12.44% decrease in its short percent of float, now at 3.8%. This is below the peer group average of 4.23%, indicating a relatively bullish sentiment. It would take traders 1.0 days to cover short positions.
October 08, 2024 | 6:45 pm
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Richtech Robotics has experienced a 12.44% decrease in short interest, now at 3.8%, which is below the peer average of 4.23%. This suggests a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Richtech Robotics compared to its peers, which could lead to a positive short-term impact on the stock price.
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