Samsara (IOT) has shown strong historical earnings performance, with price and short interest trends suggesting a bullish post-earnings outcome.

• IOT’S stock has doubled both last year and again recently and is now worth 30bb dollars . It is in the technology space one of many companies related indirectly to AI.

• With its rapid increase the stock as a high % of float shorted varying from 5 to 8%.

• The stock is very volatile on earnings both moving and expecting to move 15%.

• What makes IOT interesting is that both the short position change and the price change are predictive regarding the stock move after earnings.

• Both the stock price and short position are higher this week both historically coincide with higher stock prices.

• The stock has gone up 7 of 8 times on earnings with an average of 17%.

• Most of the peers are up after reporting.

• The short position has been falling since last quarter announcement as the stock rallies, showing bullish sentiment in both.

Stock Price and Short Position

Historical patterns in IOT’s stock and short interest signal a potential bullish postearnings move. Contact us for deeper insights.

Want to know more?

Access this data in real time using S3’s BLACK APP or Contact us to get started.