How Is The Market Feeling About Gilead Sciences?
Portfolio Pulse from Benzinga Insights
Gilead Sciences's (NYSE:GILD) short percent of float has fallen 6.82% since its last report, indicating a more bullish sentiment towards the stock. The company has 18.25 million shares sold short, which is 1.64% of all regular shares available for trading. Compared to its peers, Gilead Sciences has less short interest.
September 21, 2023 | 6:15 pm
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Decrease in short interest in Gilead Sciences indicates a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock 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, potentially leading to an increase in the stock price.
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