How Is The Market Feeling About Zimmer Biomet Holdings?
Portfolio Pulse from Benzinga Insights
Zimmer Biomet Holdings's (NYSE:ZBH) short percent of float has fallen 9.62% since its last report, indicating a more bullish sentiment towards the stock. The company has 3.52 million shares sold short, which is 2.16% of all regular shares available for trading. Compared to its peers, Zimmer Biomet has less short interest.
August 04, 2023 | 1:46 pm
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Zimmer Biomet's short percent of float has decreased, indicating a more bullish sentiment towards the stock. This could potentially lead to a positive impact on the stock's price in the short term.
A decrease in short interest can signal that investors have become more bullish on a stock. This means that they expect the stock's price to rise, which could potentially lead to an increase in demand and a subsequent rise in the stock's price.
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