How Is The Market Feeling About UiPath?
Portfolio Pulse from Benzinga Insights
UiPath's short interest has decreased by 25%, with 23.76 million shares sold short, representing 5.61% of its float. This is higher than its peers' average of 4.90%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 11, 2024 | 6:15 pm
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UiPath's short interest has decreased by 25%, now at 5.61% of float, which is higher than its peers' average of 4.90%. This decrease may suggest a shift towards a more bullish sentiment.
The decrease in short interest by 25% suggests that fewer investors are betting against UiPath, which could indicate a more positive outlook on the stock. Additionally, its short interest is higher than the peer average, which might attract attention from investors looking for potential short squeeze opportunities.
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