Peering Into Danaher's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Danaher's (NYSE:DHR) short percent of float has risen 29.73% since its last report, with 6.33 million shares sold short, which is 0.96% of all regular shares available for trading. This increase in short interest can indicate a bearish market sentiment towards the stock. However, compared to its peers, Danaher has less short interest as a percentage of float, which is 4.68% on average.

September 20, 2023 | 2:30 pm
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The increase in short interest in Danaher's stock could indicate a bearish sentiment among traders. However, compared to its peers, Danaher's short interest is relatively low.
The rise in short interest indicates that more traders are betting that Danaher's stock price will fall. However, the fact that Danaher's short interest is less than its peers' average could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100