How Is The Market Feeling About West Pharmaceutical Servs?
Portfolio Pulse from Benzinga Insights
West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 3.68% since its last report, indicating a more bullish sentiment towards the stock. The company has 885 thousand shares sold short, which is 1.57% of all regular shares available for trading. Compared to its peers, West Pharmaceutical Servs has less short interest, with the peer group average at 4.95%.
October 13, 2023 | 7:45 pm
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POSITIVE IMPACT
Decrease in short interest indicates a more bullish sentiment towards West Pharmaceutical Servs. This could potentially lead to an increase in the stock price in the short 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, potentially leading to an increase in the stock price. West Pharmaceutical Servs's short percent of float has fallen 3.68%, indicating a more bullish sentiment towards the stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100