(WST) - Analyzing West Pharmaceutical Servs's Short Interest
Portfolio Pulse from Benzinga Insights
West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 14.73% since its last report, with 617 thousand shares sold short, which is 1.1% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, West Pharmaceutical Servs has less short interest.
August 23, 2023 | 2:15 pm
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The decrease in short interest in West Pharmaceutical Servs could indicate a more bullish sentiment towards the stock. However, this does not guarantee a rise in the stock price in the near term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. However, this does not necessarily mean that the stock price will rise in the near term. It's also worth noting that compared to its peers, West Pharmaceutical Servs has less short interest.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100