What's Driving the Market Sentiment Around Shopify Inc?
Shopify Inc's (NYSE:SHOP) short interest has decreased by 13.79%, with 15.20 million shares sold short, representing 1.25% of available shares. It would take traders an average of 2.72 days to cover these positions. A decline in short interest can indicate a more bullish market sentiment. Compared to its peers, Shopify's short interest is lower than the average of 8.51%.
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