Peering Into Shift4 Payments's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Shift4 Payments (NYSE:FOUR) has seen a 5.36% decrease in its short percent of float, now at 13.23%. This is higher than its peers' average of 5.05%. It would take traders 8.27 days to cover short positions. A decrease in short interest can indicate a more bullish sentiment.
October 30, 2024 | 1:45 pm
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Shift4 Payments has experienced a 5.36% decrease in short interest, now at 13.23% of float, which is higher than its peers' average. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards a more bullish outlook for Shift4 Payments. With short interest still higher than peers, it indicates that while bearish sentiment has decreased, it remains significant. This could lead to upward pressure on the stock price if sentiment continues to improve.
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