(BSX) - Analyzing Boston Scientific's Short Interest
Portfolio Pulse from Benzinga Insights
Boston Scientific's (NYSE:BSX) short percent of float has fallen 3.57% since its last report, with 11.88 million shares sold short, which is 0.81% of all regular shares available for trading. Short interest can act as an indicator of market sentiment towards a stock. A decrease in short interest can signal investors have become more bullish. Boston Scientific's peer group average for short interest as a percentage of float is 3.26%, which means the company has less short interest than most of its peers.
October 20, 2023 | 4:30 pm
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Boston Scientific's short interest has decreased, which could indicate a more bullish sentiment among investors. The company has less short interest than most of its peers.
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 investors have become more bullish. Boston Scientific's short interest has decreased, which could indicate a more bullish sentiment among investors. Furthermore, the company has less short interest than most of its peers, which could be a positive sign.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100