Peering Into INVO Bioscience's Recent Short Interest
Portfolio Pulse from Benzinga Insights
INVO Bioscience's short interest has risen by 39.13%, with 17,000 shares sold short, representing 0.64% of its float. This increase in short interest could indicate bearish sentiment among investors. However, INVO's short interest is still lower than its peer group average of 2.05%.
May 15, 2024 | 8:15 pm
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INVO Bioscience's short interest has increased by 39.13%, now at 0.64% of its float. This could indicate bearish sentiment, but it's still below the peer average of 2.05%.
The significant increase in short interest suggests that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term. However, the short interest is still lower than the peer average, which might mitigate some of the negative impact.
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