How Is The Market Feeling About IQVIA Hldgs?
Portfolio Pulse from Benzinga Insights
IQVIA Holdings (NYSE:IQV) has seen a decrease in short interest, with the short percent of float dropping 9.06% since the last report. The company has 3.68 million shares sold short, representing 2.31% of available shares for trading. The average time to cover these short positions is 3.05 days. This decline in short interest may indicate a more bullish sentiment towards IQVIA Holdings compared to its peers, which have an average short interest of 5.74% of float.
December 18, 2023 | 6:45 pm
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IQVIA Holdings has experienced a decrease in short interest, which could suggest a more bullish sentiment among investors and potentially lead to a short-term increase in stock price.
A decrease in short interest typically indicates that investors are less bearish on a stock, which can lead to an increase in its price in the short term. Since IQVIA Holdings has a lower short interest compared to its peers, this could be a positive sign for the stock. However, the article also cautions that this does not guarantee a rise in the stock price.
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