How Is The Market Feeling About West Pharmaceutical Servs?
Portfolio Pulse from Benzinga Insights
West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 13.71% since its last report, indicating a decrease in bearish sentiment. The company has 858 thousand shares sold short, which is 1.51% of all regular shares available for trading. Compared to its peers, West Pharmaceutical Servs has less short interest as a percentage of float, with an average of 5.00%.
July 14, 2023 | 4:45 pm
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Decrease in short interest in West Pharmaceutical Servs indicates less bearish sentiment. The company's short interest is lower than its peers' average.
A decrease in short interest often indicates a more bullish sentiment towards a stock. As West Pharmaceutical Servs has a lower short interest compared to its peers, it suggests that the market sentiment towards the company is more positive, which could potentially lead to an increase in its stock price in the short term.
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