Roblox stock's short interest rose by 2.6% during the past month, which means those new short sellers might create more buying pressure on the stock's recovery.

A bounce is likely to come over the next few days because Roblox’s relative strength index (RSI) is measuring in at about 27%.

As the Roblox community continues to grow, the Roblox Corporation has taken the decision to roll out an ID verification service to confirm users' ages.

Roblox Dips on Short Report—Here’s Why It Could Bounce Back Fast October 09, 2024 — 10:53 am EDT Written by Gabriel Osorio-Mazilli, MarketBeat Contributor for MarketBeat -> ...

The article "Roblox Dips on Short Report—Here’s Why It Could Bounce Back Fast" first appeared on MarketBeat.