Looking Into Keysight Techs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Keysight Technologies (NYSE:KEYS) has seen a 5.88% increase in short interest since its last report, with 2.43 million shares sold short, representing 1.8% of its float. The short interest is lower than the peer group average of 6.49%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline.
January 02, 2024 | 2:15 pm
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Keysight Technologies has experienced an increase in short interest, which could suggest bearish market sentiment. However, its short interest is still below the peer group average, indicating less bearish sentiment compared to its peers.
The increase in short interest for KEYS indicates that some investors are expecting the price to fall, which could lead to negative pressure on the stock price in the short term. However, since the short interest is below the peer average, it suggests that the sentiment is not as bearish as it could be, which may mitigate the impact. Additionally, the article suggests that an increase in short interest does not necessarily predict a near-term price decline, which adds uncertainty to the potential impact.
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