Peering Into Becton, Dickinson's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Becton, Dickinson's (NYSE:BDX) short percent of float has fallen 24.1% since its last report, with 1.79 million shares sold short, which is 0.63% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Becton, Dickinson has less short interest.
July 05, 2023 | 5:31 pm
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Decrease in short interest could indicate a more bullish sentiment towards Becton, Dickinson. However, it doesn't guarantee a near-term rise in stock price.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish. However, this does not necessarily mean that the stock price will rise in the near term. It's also worth noting that compared to its peers, Becton, Dickinson has less short interest.
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