Looking Into Edwards Lifesciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Edwards Lifesciences's (NYSE:EW) short percent of float has fallen 4.09% since its last report, with 9.84 million shares sold short, which is 1.64% of all regular shares available for trading. It would take traders 3.35 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.24%.
July 24, 2023 | 5:15 pm
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Edwards Lifesciences's short percent of float has fallen, indicating a potential increase in bullish sentiment towards the stock. However, it's important to note that this doesn't necessarily mean the stock price will rise in the near term.
A decrease in short interest can signal that investors have become more bullish towards a particular stock. However, this is just one of many factors that can influence a stock's price, and it doesn't guarantee that the price will rise in the near term.
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