Looking Into Edwards Lifesciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Edwards Lifesciences's (NYSE:EW) short percent of float has risen 12.66% since its last report, with 10.75 million shares sold short, which is 1.78% of all regular shares available for trading. It would take traders 3.49 days to cover their short positions on average. The company has less short interest than most of its peers, with the average for its peer group being 3.32%.
September 14, 2023 | 2:00 pm
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Edwards Lifesciences's short percent of float has risen 12.66% since its last report. The company has less short interest than most of its peers.
The rise in short interest indicates that more investors are betting against the company's stock, which could put downward pressure on the stock price. However, the company has less short interest than most of its peers, which could indicate that it is performing better than its peers or that it is less risky.
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