How Is The Market Feeling About Edwards Lifesciences?
Portfolio Pulse from Benzinga Insights
Edwards Lifesciences (NYSE:EW) has seen a 6.7% decrease in short interest since its last report, with 10.05 million shares sold short, representing 1.67% of its float. The average time to cover these short positions is 2.57 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, EW has less short interest, with the peer group average at 3.51% of float.
December 15, 2023 | 2:00 pm
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Edwards Lifesciences has experienced a decrease in short interest, which may suggest a more bullish sentiment among investors and could potentially lead to a short-term positive impact on the stock price.
The reduction in short interest for Edwards Lifesciences indicates that fewer traders are betting against the stock, 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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