How Is The Market Feeling About IQVIA Hldgs?
Portfolio Pulse from Benzinga Insights
IQVIA Hldgs's (NYSE:IQV) short percent of float has risen 7.91% since its last report, with 2.40 million shares sold short, which is 1.5% of all regular shares available for trading. It would take traders 2.63 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. IQVIA Hldgs's peer group average for short interest as a percentage of float is 4.74%, which means the company has less short interest than most of its peers.
September 11, 2023 | 4:45 pm
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IQVIA Hldgs's short percent of float has risen 7.91%, indicating a potential bearish sentiment among investors. However, the company has less short interest than most of its peers.
The increase in short percent of float indicates that more investors are betting against the company, which could put downward pressure on the stock price in the short term. However, the company's lower short interest compared to its peers could mitigate this effect.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100