How Is The Market Feeling About IDEXX Laboratories?
Portfolio Pulse from Benzinga Insights
IDEXX Laboratories's (NYSE:IDXX) short percent of float has fallen 12.89% since its last report, indicating a more bullish sentiment towards the stock. The company has 2.29 million shares sold short, which is 3.11% of all regular shares available for trading. Compared to its peers, IDEXX Laboratories has less short interest.
September 11, 2023 | 6:00 pm
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The decrease in short interest in IDEXX Laboratories indicates a more bullish sentiment towards the stock, which could potentially lead to an increase in its price.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price.
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