Peering Into Teradyne's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Teradyne's short interest has fallen by 7.88%, with 5.23 million shares sold short, representing 3.86% of its float. This is lower than the peer group average of 6.52%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
May 16, 2024 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Teradyne's short interest has decreased by 7.88%, now at 3.86% of its float, which is lower than the peer group average of 6.52%. This reduction in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Teradyne, which can be interpreted as a sign of increasing confidence in the stock. This is further supported by the fact that Teradyne's short interest is lower than the peer group average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100