(HCA) - Analyzing HCA Healthcare's Short Interest
Portfolio Pulse from Benzinga Insights
HCA Healthcare's short percent of float has fallen 34.19% since its last report, with 2.08 million shares sold short, which is 1.02% of all regular shares available for trading. It would take traders 1.48 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 5.34%.
July 25, 2023 | 1:30 pm
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HCA Healthcare's short interest has decreased significantly, indicating a more bullish sentiment among traders. However, this does not necessarily mean the stock price will rise in the near term.
A decrease in short interest usually indicates that traders are less bearish on the stock, which could potentially lead to an increase in the stock price. However, other factors such as the company's financial performance, market conditions, and investor sentiment also play a significant role in determining the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100