(DHR) - Analyzing Danaher's Short Interest
Portfolio Pulse from Benzinga Insights
Danaher's (NYSE:DHR) short percent of float has fallen 3.9% since its last report, with 4.90 million shares sold short, which is 0.74% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Danaher. Compared to its peers, Danaher has less short interest as a percentage of float, with an average of 4.77%.
September 04, 2023 | 7:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards Danaher. The company has less short interest compared to its peers.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. Compared to its peers, Danaher has less short interest, which could be a positive sign for the company's stock.
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