Looking Into Keysight Techs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Keysight Technologies (NYSE:KEYS) has seen a 13.71% decrease in short interest since its last report, with 2.29 million shares sold short, representing 1.7% of its float. The average time to cover these short positions is 1.31 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, KEYS has a lower short interest as a percentage of float, with the peer group average at 6.36%.
December 15, 2023 | 1:30 pm
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Keysight Technologies has experienced a significant decrease in short interest, which may suggest a more bullish sentiment among investors and could lead to a short-term positive impact on the stock price.
The reduction in short interest for KEYS indicates that fewer investors are betting on the stock price to fall, which could reduce selling pressure and potentially lead to a price increase. However, short interest is just one of many factors that can affect stock prices, and the article does not guarantee a rise in the near-term.
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