(ISRG) - Analyzing Intuitive Surgical's Short Interest
Portfolio Pulse from Benzinga Insights
Intuitive Surgical's (NYSE:ISRG) short interest has decreased by 11.0% since the last report, with 3.11 million shares sold short, representing 0.89% of available shares. The short interest is below the peer group average of 3.57%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.
January 02, 2024 | 1:15 pm
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Intuitive Surgical's short interest has decreased, which may indicate a more bullish sentiment among investors. However, this does not guarantee a near-term price increase.
A decrease in short interest typically suggests that investors are less bearish on the stock, which could lead to a potential increase in its price. However, the impact on the stock price is not certain and depends on broader market conditions and company performance.
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