(GEHC) - Analyzing GE HealthCare Techs's Short Interest
Portfolio Pulse from Benzinga Insights
GE HealthCare Techs (NYSE:GEHC) has seen a 12.46% rise in its short percent of float, now at 3.25% of all regular shares available for trading. This indicates increased bearish sentiment among investors. However, its short interest is still below the peer group average of 4.99%.
June 18, 2024 | 5:45 pm
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GE HealthCare Techs has experienced a 12.46% increase in short interest, now at 3.25% of its float. This suggests a rise in bearish sentiment, although its short interest remains below the peer average of 4.99%.
The increase in short interest indicates that more investors are betting against GE HealthCare Techs, which could put downward pressure on the stock price in the short term. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
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