How Is The Market Feeling About UnitedHealth Group?
Portfolio Pulse from Benzinga Insights
UnitedHealth Group's (NYSE:UNH) short percent of float has risen 21.43% since its last report, with 6.31 million shares sold short, which is 0.68% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, UnitedHealth Group has less short interest as a percentage of float, which is 3.29% on average.
October 20, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The rise in short interest in UnitedHealth Group's stock indicates a bearish sentiment among investors. However, compared to its peers, the company has less short interest.
The increase in short interest indicates that more investors are betting that the price of UnitedHealth Group's stock will fall. This is generally a bearish signal. However, the fact that the company's short interest is less than its peers' average could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100