How Is The Market Feeling About Piper Sandler?
Portfolio Pulse from Benzinga Insights
Piper Sandler's short interest has decreased by 15.06%, with 3.78% of shares sold short. This is higher than the peer average of 3.27%. The decrease in short interest may indicate a more bullish sentiment.
October 25, 2024 | 7:15 pm
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Piper Sandler's short interest has decreased by 15.06%, now at 3.78% of float, which is higher than its peers' average. This decrease may suggest a shift towards a more bullish market sentiment.
The decrease in short interest by 15.06% suggests that fewer investors are betting against Piper Sandler, which could indicate a more positive outlook. The short interest is still above the peer average, but the reduction may lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100