Peering Into Stryker's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Stryker's (NYSE:SYK) short percent of float has risen 18.18% since its last report, with 3.23 million shares sold short, which is 0.91% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Stryker has less short interest as a percentage of float (3.35%).
September 19, 2023 | 6:30 pm
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Stryker's short interest has increased, indicating a bearish sentiment among investors. However, its short interest is lower compared to its peers.
The increase in short interest indicates that more investors are betting that Stryker's stock price will fall. However, the fact that its short interest is lower than its peers could mean that the bearish sentiment is not as strong for Stryker as it is for other companies in its industry.
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