(BHG) - Analyzing Bright Health Gr's Short Interest
Portfolio Pulse from Benzinga Insights
Bright Health Gr's (NYSE:BHG) short percent of float has fallen 12.17% since its last report, with 14.87 million shares sold short, representing 6.28% of all regular shares available for trading. The company has more short interest than most of its peers, with a peer group average of 3.25%.

May 19, 2023 | 1:03 pm
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NEUTRAL IMPACT
Bright Health Gr's short percent of float has decreased by 12.17%, indicating a potential shift in market sentiment towards the stock.
The decrease in short interest for Bright Health Gr suggests that traders may have become less bearish on the stock. However, this does not guarantee that the stock price will rise in the short term. The company still has a higher short interest than most of its peers, which could indicate that there is still some negative sentiment surrounding the stock. Therefore, the short-term impact on the stock price is neutral.
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IMPORTANCE 60
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