How Is The Market Feeling About Haleon?
Portfolio Pulse from Benzinga Insights
Haleon's (NYSE:HLN) short percent of float has risen 14.29% since its last report, with 22.13 million shares sold short. This represents 0.48% of all regular shares available for trading. It would take traders 10.65 days to cover their short positions on average. The company's short interest is less than its peer group average of 8.29%.
August 30, 2023 | 5:45 pm
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Haleon's short percent of float has increased, indicating a bearish sentiment among traders. However, its short interest is less than its peer group average.
An increase in short interest usually indicates a bearish sentiment among traders, as they expect the stock price to fall. However, Haleon's short interest is less than its peer group average, which could mean that the bearish sentiment is not as strong compared to other similar companies.
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