How Is The Market Feeling About Haleon plc American Depositary Shares (Each representing two Ordinary Shares)?
Portfolio Pulse from Benzinga Insights
The short percent of float for Haleon plc American Depositary Shares (HLN) has fallen 22.22% since its last report, with 9.92 million shares sold short, representing 0.21% of all regular shares available for trading. It would take traders 1.95 days on average to cover their short positions. The company's short interest is less than its peer group average of 7.00%.
October 05, 2023 | 1:08 pm
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NEUTRAL IMPACT
The decrease in short interest for Haleon plc American Depositary Shares (HLN) could indicate a more bullish sentiment among traders. However, this does not necessarily mean the stock will rise in the near term.
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. However, this does not necessarily mean that the stock price will rise in the near term. It's also worth noting that HLN's short interest is less than its peer group average, which could be a positive sign.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100