Peering Into SeaStar Medical Holding's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SeaStar Medical Holding's (NYSE:ICU) short interest has decreased by 21.05% since the last report, with 3.24 million shares sold short, representing 5.89% of its float. This decline in short interest could indicate a more bullish sentiment towards ICU. Compared to its peers, ICU has a higher short interest percentage of float, suggesting more bearish sentiment among investors relative to its peer group.
April 08, 2024 | 6:15 pm
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SeaStar Medical Holding's short interest has decreased significantly, which might indicate a shift towards a more bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more optimistic about a stock's future performance. For ICU, this significant drop could reduce selling pressure and potentially lead to a short-term price increase as sentiment improves.
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