Looking Into AmerisourceBergen's Recent Short Interest
Portfolio Pulse from Benzinga Insights
AmerisourceBergen's (NYSE:ABC) short percent of float has risen 3.83% since its last report, with 3.92 million shares sold short, which is 2.44% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, AmerisourceBergen has less short interest.
August 24, 2023 | 5:45 pm
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AmerisourceBergen's short interest has increased, indicating a bearish sentiment among investors.
The increase in short interest indicates that more investors are betting that the price of AmerisourceBergen's stock will fall. This bearish sentiment could put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100