Looking Into Thermo Fisher Scientific's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific's (NYSE:TMO) short percent of float has fallen 16.46% since its last report, with 2.56 million shares sold short, which is 0.66% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Thermo Fisher Scientific has less short interest.
September 07, 2023 | 2:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards Thermo Fisher Scientific. The company has less short interest compared to its peers.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment, which could potentially lead to an increase in the stock's price. Compared to its peers, Thermo Fisher Scientific has less short interest, which could be seen as a positive sign by investors.
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