How Is The Market Feeling About CVS Health?
Portfolio Pulse from Benzinga Insights
CVS Health's (NYSE:CVS) short percent of float has decreased by 16.38% since the last report, with 30.76 million shares sold short, representing 2.45% of available shares. This decrease in short interest could indicate a more bullish sentiment towards CVS Health compared to its peers, where the average short interest as a percentage of float is 10.12%.
March 26, 2024 | 2:15 pm
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CVS Health's short interest has significantly decreased, indicating a potential increase in bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more optimistic about a stock's future performance. Given that CVS Health's short interest has fallen more than the industry average, this could be a positive signal for its stock price in the short term.
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