Looking Into Abbott Laboratories's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Abbott Laboratories' (NYSE:ABT) short percent of float has fallen 7.58% since its last report, with 10.61 million shares sold short, which is 0.61% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Abbott Laboratories has less short interest as a percentage of float, with an average of 3.26%.
October 06, 2023 | 2:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards Abbott Laboratories. The company has less short interest compared to its peers.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Abbott Laboratories' short interest has decreased, which could indicate a more bullish sentiment towards the company. Additionally, compared to its peers, Abbott Laboratories has less short interest, which could further indicate a more positive sentiment towards the company.
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