How Is The Market Feeling About Zoetis?
Portfolio Pulse from Benzinga Insights
Zoetis's (NYSE:ZTS) short percent of float has fallen 5.0% since its last report, with 3.49 million shares sold short, which is 0.76% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Zoetis. Compared to its peers, Zoetis has less short interest as a percentage of float, with an average of 4.01%.
September 29, 2023 | 6:30 pm
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Zoetis's short percent of float has decreased, indicating a potentially more bullish market sentiment. This could lead to a positive impact on the stock's price in the short term.
A decrease in short interest can signal a more bullish market sentiment towards a stock. This means that fewer investors are expecting the stock's price to fall, which could lead to an increase in buying pressure and potentially a rise in the stock's price.
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