Looking Into SPS Commerce's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SPS Commerce's short interest has decreased by 13.57%, with 606,000 shares sold short, representing 2.23% of its float. This is lower than its peers' average short interest of 8.16%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 17, 2024 | 3:45 pm
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SPS Commerce's short interest has decreased significantly, which may indicate a shift towards a more bullish sentiment. The company's short interest is lower than its peers, suggesting relative strength.
The decrease in short interest suggests that fewer investors are betting against SPS Commerce, which can be interpreted as a positive sign for the stock. Additionally, the company's short interest is significantly lower than its peers, indicating relative strength and potentially more bullish sentiment.
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