Peering Into Keysight Techs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Keysight Techs's (NYSE:KEYS) short percent of float has fallen 8.18% since its last report, with 2.80 million shares sold short, which is 2.02% of all regular shares available for trading. It would take traders 3.54 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.81% for its peer group.
July 11, 2023 | 8:30 pm
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Keysight Techs's short percent of float has decreased, indicating a potentially more bullish sentiment towards the stock. However, this does not necessarily mean the stock price will rise in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest can signal a more bullish sentiment towards a stock. However, this does not necessarily translate into a rise in stock price in the short term, as other factors can also influence the stock price.
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