Peering Into Becton Dickinson's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Becton Dickinson's (NYSE:BDX) short percent of float has risen 14.14% since its last report, with 3.27 million shares sold short, which is 1.13% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Becton Dickinson has less short interest.
September 08, 2023 | 8:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Becton Dickinson's short interest has increased, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
The increase in short interest indicates that more investors are betting that Becton Dickinson's stock price will fall. This could put downward pressure on the stock price in the short term. However, the fact that Becton Dickinson has less short interest compared to its peers could mean that the market is less bearish on Becton Dickinson than on other similar companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100