Looking Into PayPal Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
PayPal Holdings (NYSE:PYPL) has seen a 4.41% increase in its short percent of float, now at 2.37% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.50%.
November 01, 2024 | 4:30 pm
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PayPal Holdings has experienced a 4.41% increase in short interest, now at 2.37% of its float. This suggests a rise in bearish sentiment, although it remains below the peer average of 5.50%.
The increase in short interest suggests that more investors are betting against PayPal, which could indicate a negative sentiment towards the stock. However, since the short interest is still below the peer average, the impact might be less severe.
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