Looking Into CVS Health's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CVS Health's short percent of float has risen 6.47% since its last report, with 18.90 million shares sold short, which is 1.48% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, CVS Health's short interest as a percentage of float is less than its peer group average of 8.21%.

August 04, 2023 | 6:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
CVS Health's short interest has increased, indicating a bearish sentiment. However, its short interest is less than its peer group average.
The increase in short interest indicates that more investors are betting that CVS Health's stock price will fall. However, the fact that CVS Health's short interest is less than its peer group average suggests that the bearish sentiment is not as strong compared to other similar companies.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100