(HUMA) - Analyzing Humacyte's Short Interest
Portfolio Pulse from Benzinga Insights
Humacyte (NYSE:HUMA) has seen a 58.68% increase in its short percent of float, now at 9.14% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Humacyte's short interest is still below the average of 13.56%.
July 15, 2024 | 1:00 pm
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Humacyte's short interest has increased by 58.68%, now representing 9.14% of its float. This rise in short interest suggests growing bearish sentiment among investors. However, its short interest is still below the peer group average of 13.56%.
The significant 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 pressure.
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