Peering Into Paylocity Holding's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Paylocity Holding's short interest has decreased by 17.35%, with 1.51 million shares sold short, representing 4.05% of its float. This is lower than its peers' average short interest of 6.54%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 18, 2024 | 1:00 pm
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Paylocity Holding's short interest has decreased by 17.35%, with 1.51 million shares sold short, representing 4.05% of its float. This is lower than its peers' average short interest of 6.54%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Paylocity Holding, which could lead to a positive short-term impact on the stock price. The company's short interest is also lower than its peers, further indicating a relatively more positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100