How Is The Market Feeling About Pfizer?
Portfolio Pulse from Benzinga Insights
Pfizer's (NYSE:PFE) short percent of float has risen 14.81% since its last report, with 52.39 million shares sold short. This represents 0.93% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, Pfizer's short interest as a percentage of float is less than its peer group average of 4.51%.
September 11, 2023 | 1:30 pm
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Pfizer's short percent of float has increased, indicating a bearish sentiment. However, its short interest is less than its peer group average.
An increase in short interest can indicate a bearish market sentiment, which could potentially lead to a decrease in Pfizer's stock price. However, Pfizer's short interest as a percentage of float is less than its peer group average, which could mitigate some of the potential negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100