Looking Into Hims & Hers Health's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Hims & Hers Health (NYSE:HIMS) has seen a 20.25% increase in short interest, with 22.13 million shares sold short, representing 11.76% of its float. This is higher than the peer group average of 10.67%. It would take traders 2.05 days to cover their short positions.
June 07, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Hims & Hers Health has experienced a significant increase in short interest, now at 11.76% of its float. This indicates a rise in bearish sentiment among investors.
The 20.25% increase in short interest suggests that more investors are betting against Hims & Hers Health, which could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100