Looking Into Natera's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Natera's (NYSE:NTRA) short interest has decreased by 7.03% since the last report, with 7.95 million shares sold short, representing 7.01% of its float. This decline in short interest could indicate a more bullish sentiment towards NTRA among investors. Natera's short interest is higher than its peer group average of 5.64%, suggesting more bearish sentiment compared to its peers.
April 05, 2024 | 3:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Natera's short interest has decreased, indicating a potential bullish sentiment among investors. However, its short interest remains higher than its peers.
A decrease in short interest typically suggests that investors are becoming more optimistic about a stock's future performance. For Natera, this could mean a short-term positive impact on its stock price as the market perceives the decrease as a sign of bullish sentiment. However, the fact that Natera's short interest is still above its peer group average tempers the potential upside, as it indicates that sentiment towards Natera is more bearish compared to its peers.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100