Peering Into Pfizer's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Pfizer's (NYSE:PFE) short percent of float has risen 7.78% since its last report, with 54.57 million shares sold short, which is 0.97% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. Pfizer's peer group average for short interest as a percentage of float is 3.18%, which means the company has less short interest than most of its peers.
November 06, 2023 | 8:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Pfizer's short interest has increased, indicating a bearish sentiment. However, it's less than its peers, which could be a positive sign.
An increase in short interest usually indicates a bearish sentiment towards the stock. However, Pfizer's short interest is less than its peers, which could mean that the market is less bearish on Pfizer compared to its peers.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100