Peering Into Agilent Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Agilent Technologies (NYSE:A) has seen a 12.82% rise in its short percent of float since its last report, with 4.55 million shares sold short, representing 1.76% of all regular shares available for trading. This could indicate a bearish sentiment towards the stock. However, compared to its peers, Agilent has less short interest, with the peer group average at 4.94%.
October 19, 2023 | 5:45 pm
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Agilent Technologies has seen a rise in short interest, which could indicate a bearish sentiment. However, its short interest is less than its peer group average.
The rise in short interest for Agilent Technologies indicates that more investors are betting on the stock's price to fall, which is a bearish signal. However, the fact that its short interest is less than its peer group average could mean that the bearish sentiment is not as strong compared to other similar companies. This could potentially limit the downward pressure on the stock's price in the short term.
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