Looking Into Agilent Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Agilent Technologies (NYSE:A) has seen a 9.82% increase in its short percent of float since the last report, with 3.21 million shares sold short, representing 1.23% of available shares. It would take about 2.31 days to cover these short positions. The increase in short interest can indicate a bearish market sentiment towards the stock, although it's lower than the peer group average of 5.01%. This information is crucial for investors tracking market sentiment and potential stock performance.
March 20, 2024 | 7:45 pm
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Agilent Technologies has experienced a 9.82% increase in short interest, indicating a bearish sentiment among investors. However, its short interest is below the peer average, suggesting a relatively stronger position.
The increase in short interest for Agilent Technologies suggests that investors are becoming more bearish on the stock, potentially leading to downward pressure on its price in the short term. However, being below the peer average in short interest could mitigate some negative impacts, indicating a mixed outlook.
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