Peering Into IQVIA Hldgs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
IQVIA Hldgs's (NYSE:IQV) short percent of float has risen 12.9% since its last report, with 3.93 million shares sold short, which is 2.45% of all regular shares available for trading. It would take traders 3.71 days to cover their short positions on average. The company's short interest is less than its peer group average of 5.37%.
November 07, 2023 | 3:15 pm
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NEUTRAL IMPACT
IQVIA Hldgs's short percent of float has risen 12.9% since its last report. The company's short interest is less than its peer group average of 5.37%.
The increase in short interest indicates that more investors are betting against IQVIA Hldgs's stock, which could potentially lead to downward pressure on the stock price. However, the company's short interest is less than its peer group average, which could indicate that the market sentiment towards IQVIA Hldgs is not as bearish as it is for its peers.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100