(HUM) - Analyzing Humana's Short Interest
Portfolio Pulse from Benzinga Insights
Humana's (NYSE:HUM) short percent of float has fallen 4.89% since its last report, with 2.65 million shares sold short, which is 2.14% of all regular shares available for trading. It would take traders 3.21 days to cover their short positions on average. The decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Humana has less short interest as a percentage of float.
September 18, 2023 | 2:45 pm
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Humana's short percent of float has decreased, indicating a potentially more bullish sentiment towards the stock. Compared to its peers, Humana has less short interest.
A decrease in short interest can signal a more bullish sentiment towards a stock, as it indicates fewer investors are betting on the stock's price to fall. This could potentially lead to an increase in Humana's stock price in the short term. However, it's important to note that short interest is just one of many factors that can influence a stock's price.
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