How Is The Market Feeling About Roper Techs?
Portfolio Pulse from Benzinga Insights
Roper Technologies (NYSE:ROP) has seen an 8.65% increase in its short percent of float, now at 1.13% of available shares. This indicates a rise in bearish sentiment, although its short interest is still below the peer group average of 3.25%.
November 01, 2024 | 8:30 pm
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Roper Technologies has experienced an 8.65% increase in short interest, now at 1.13% of its float. This suggests a rise in bearish sentiment, but its short interest remains below the peer average of 3.25%.
The increase in short interest suggests that investors are becoming more bearish on Roper Technologies. However, since the short interest is still below the peer average, the bearish sentiment may not be as strong as it could be. This could lead to short-term downward pressure on the stock price.
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