Looking Into Semler Scientific's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Semler Scientific (NYSE:SMLR) has seen a significant increase in short interest, rising 123.04% since its last report. The company now has 477 thousand shares sold short, representing 8.52% of its float. This increase in short interest could indicate bearish sentiment among investors.
June 21, 2024 | 8:15 pm
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Semler Scientific's short interest has increased by 123.04%, now representing 8.52% of its float. This could indicate bearish sentiment among investors, although it does not necessarily mean the stock will fall in the near term.
The significant increase in short interest suggests that more investors are betting against the stock, which typically indicates bearish sentiment. However, this does not guarantee a price drop in the near term.
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