Peering Into SAP's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SAP's short interest has decreased by 16.67%, with 1.69 million shares sold short, representing 0.15% of its float. This is lower than its peers' average short interest of 3.32%. The decrease in short interest may indicate a more bullish sentiment towards SAP.
October 15, 2024 | 8:15 pm
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SAP's short interest has decreased by 16.67%, with 1.69 million shares sold short, representing 0.15% of its float. This is lower than its peers' average short interest of 3.32%. The decrease in short interest may indicate a more bullish sentiment towards SAP.
The decrease in short interest suggests that investors are less bearish on SAP compared to its peers, which could lead to a positive short-term impact on its stock price.
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