How Is The Market Feeling About Leidos Holdings?
Portfolio Pulse from Benzinga Insights
Leidos Holdings (NYSE:LDOS) has seen a decrease in short interest, with the short percent of float falling 13.27% since the last report, now at 0.98% of all shares available for trading. This decline in short interest could indicate a more bullish sentiment towards LDOS among traders. The company's short interest is also lower than its peer group average of 3.12%, suggesting it may be performing better than its peers in this aspect.

March 14, 2024 | 4:30 pm
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Leidos Holdings has experienced a significant decrease in short interest, suggesting a potential bullish sentiment shift among investors.
A decrease in short interest typically indicates that investors are becoming more bullish on a stock. For LDOS, the reduction in short interest to below 1% of the float, coupled with being lower than its peer group average, suggests a positive sentiment shift which could lead to a short-term price increase.
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