Looking Into Agilent Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Agilent Technologies's (NYSE:A) short percent of float has risen 12.82% since its last report, with 4.55 million shares sold short, which is 1.76% of all regular shares available for trading. It would take traders 2.05 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 4.94%.
October 02, 2023 | 5:45 pm
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Agilent Technologies's short percent of float has risen 12.82%, indicating a bearish sentiment among traders. However, the company has less short interest than most of its peers.
The increase in short percent of float indicates that more traders are betting on the stock's price to fall, which could put downward pressure on the stock price in the short term. However, the company's lower short interest compared to its peers could indicate less bearish sentiment overall.
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