How Much Short Interest is There in CyberArk Software Ltd. (NASDAQ:CYBR)?

Based on the latest filings with the SEC, investors are looking at CyberArk Software Ltd. (NASDAQ:CYBR)’s short data and trying to figure out market sentiment on which way the market thinks the stock is moving. The firm has 3.39% of total shares float short, yielding a short ratio of 1.31.

When looking back historically at the stock market, it is easy to see that there are always extended periods of upturns and downturns. The speed at which the market can shift can cause even the most experienced investors stomachs to turn. When times are good and markets are rising, it can be easy to forget that a downturn may be just around the corner. Being prepared for sudden changes can help the investor plan for the unknown as best they can. Getting caught off guard can be extremely disconcerting and lead to irrational decision making. There is rarely any substitute for extensive study and focused dedication. Investors who put in the extra time to create a backup plan may be better able to traverse the road when the market environment inevitably shifts.

Investors may be trying to figure out how long the stock market bull run will continue. There are plenty of commentators who think that a downturn is coming soon, but there are plenty who believe that the market still has plenty of room to push higher. Preparing the portfolio for any market scenario can help ease the investor’s mind. Putting in the time to research investments as well as global economic data might help keep focus clear when things get cloudy. Closing in on the end of the year, investors may be conducting year-end portfolio reviews. Figuring out what has worked and what adjustments can be made may help iron out the wrinkles heading into the next few quarters.

RECENT PERFORMANCE AND RECOMMENDATION

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, CyberArk Software Ltd. (NASDAQ:CYBR)’s stock was 62.18%.  Over the last week of the month, it was -5.47%, -2.24% over the last quarter, and  37.45% for the past six months. 

Over the past 50 days, CyberArk Software Ltd. stock’s -21.07% off of the high and 3.74% removed from the low.  Their 52-Week High and Low are noted here.  -21.07% away from the high and 81.57% from the low. 

Traders may be scanning through the playbook while trying to come up with some new ideas. Technical analysts may be setting up the charts to help spot the next big trade. Because there are so many different angles to take when approaching the stock market, traders may want to start with a simpler system before diving into deeper waters. Figuring out the proper approach may take some added time and dedication.

The consensus analysts recommendation at this point stands at 1.80 on CyberArk Software Ltd. (NASDAQ:CYBR).  This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The same analysts are predicting that the company shares will trade to $144.76 within the next 12-18 months. 

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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