Looking Into Paycom Software's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Paycom Software's short interest has decreased by 27.03%, with 2.68 million shares sold short, representing 5.56% of its float. This is lower than its peers' average short interest of 6.34%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 14, 2024 | 7:15 pm
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Paycom Software's short interest has decreased significantly, suggesting a potential shift in market sentiment towards a more bullish outlook. The company's short interest is now below the average of its peers.
The decrease in short interest by 27.03% suggests that fewer investors are betting against Paycom Software, which could indicate a more positive market sentiment. Additionally, Paycom's short interest is lower than the peer average, further supporting a potentially bullish outlook.
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