How Is The Market Feeling About Samsara?
Portfolio Pulse from Benzinga Insights
Samsara's short interest has decreased by 3.18%, with 13.87 million shares sold short, representing 7.31% of its float. This is higher than its peers' average of 2.99%. The decrease in short interest may indicate a more bullish sentiment.
October 25, 2024 | 4:15 pm
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Samsara's short interest has decreased by 3.18%, with 13.87 million shares sold short, representing 7.31% of its float. This is higher than its peers' average of 2.99%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests that fewer investors are betting against Samsara, which could indicate a shift towards a more positive market sentiment. This is significant as Samsara's short interest is still higher than its peers, suggesting potential volatility but also a possible bullish opportunity if the sentiment continues to improve.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100