(WST) - Analyzing West Pharmaceutical Servs's Short Interest
Portfolio Pulse from Benzinga Insights
West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 3.68% since its last report, with 885 thousand shares sold short, which is 1.57% of all regular shares available for trading. It would take traders 2.9 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 4.78%.
September 27, 2023 | 4:30 pm
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West Pharmaceutical Servs's short percent of float has decreased, indicating a potentially more bullish sentiment towards the stock.
A decrease in short interest can signal that investors have become more bullish towards a particular stock. In this case, West Pharmaceutical Servs's short percent of float has fallen 3.68%, which could indicate a more positive sentiment towards the stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100