How Is The Market Feeling About Haleon?
Portfolio Pulse from Benzinga Insights
Haleon's (NYSE:HLN) short percent of float has decreased by 22.22% since its last report, with 9.92 million shares sold short, representing 0.21% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Haleon. Compared to its peers, Haleon has less short interest, with an average of 7.46% for its peer group.
October 24, 2023 | 3:45 pm
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Decrease in short interest could indicate a shift towards a more bullish sentiment for Haleon. The company's short interest is lower than its peer group average, which could be a positive sign.
Short interest is a measure of market sentiment towards a particular stock. A decrease in short interest often indicates a more bullish sentiment, as it means fewer traders are betting on the stock's price to fall. Given that Haleon's short interest has decreased and is lower than its peer group average, this could be a positive sign for the company's stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100