Looking Into Johnson & Johnson's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Johnson & Johnson's (NYSE:JNJ) short percent of float has fallen 12.16% since its last report, with 15.68 million shares sold short, which is 0.65% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Johnson & Johnson has less short interest.

November 02, 2023 | 4:45 pm
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Decrease in short interest in Johnson & Johnson could indicate a more bullish sentiment towards the stock. The company has less short interest compared to 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 that investors have become more bullish. Johnson & Johnson's short percent of float has fallen 12.16% since its last report, which could indicate a more bullish sentiment towards the stock. Furthermore, compared to its peers, Johnson & Johnson has less short interest, which could be a positive sign for the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100