Looking Into ServiceNow's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ServiceNow's short interest has decreased by 8.99%, with 3.53 million shares sold short, representing 1.72% of its float. This is lower than its peers' average short interest of 5.09%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 31, 2024 | 8:00 pm
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ServiceNow's short interest has decreased by 8.99%, with 3.53 million shares sold short, representing 1.72% of its float. This is lower than its peers' average short interest of 5.09%. 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 ServiceNow compared to before. With short interest lower than its peers, this could indicate a more bullish sentiment, potentially leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100