Peering Into Humacyte's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Humacyte (NYSE:HUMA) has seen a 17.24% increase in its short percent of float, now at 5.44%. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Humacyte's short interest is lower than the average of 12.29%.
June 26, 2024 | 7:30 pm
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Humacyte's short interest has increased by 17.24%, now at 5.44% of its float. This rise in short interest suggests growing bearish sentiment among investors. However, its short interest remains below the peer group average of 12.29%.
The increase in short interest indicates that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term. However, the fact that its short interest is still below the peer average may mitigate some of this negative sentiment.
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