Peering Into HCA Healthcare's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HCA Healthcare (NYSE:HCA) has seen a 14.96% decrease in short interest since its last report, with 2.12 million shares sold short, representing 1.08% of its float. The average time to cover these short positions is 1.41 days. A decrease in short interest can indicate a more bullish sentiment among investors. HCA's short interest is below its peer group average of 6.10%.
December 28, 2023 | 1:30 pm
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HCA Healthcare's short interest has decreased, suggesting a potentially more bullish sentiment from investors and a lower likelihood of stock price decline due to short selling.
The reduction in short interest for HCA Healthcare indicates that fewer investors are betting on the stock price to fall, which could reduce selling pressure and potentially lead to a short-term increase in the stock price. However, short interest is just one of many factors that can affect stock prices.
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