How Is The Market Feeling About Bristol-Myers Squibb?
Portfolio Pulse from Benzinga Insights
Bristol-Myers Squibb's (NYSE:BMY) short percent of float has fallen 15.71% since its last report, indicating a more bullish sentiment towards the stock. The company has 36.98 million shares sold short, which is 1.77% of all regular shares available for trading. Compared to its peers, Bristol-Myers Squibb has less short interest.
October 10, 2023 | 3:00 pm
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POSITIVE IMPACT
Bristol-Myers Squibb's short percent of float has decreased, indicating a more bullish sentiment towards the stock. This could potentially lead to a positive impact on the stock price in the short term.
A decrease in short interest can signal that investors have become more bullish on a stock. This could potentially lead to an increase in demand for the stock, which could drive up the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100