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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100