Looking Into Becton Dickinson's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Becton Dickinson (NYSE: BDX) has seen a 17.65% increase in its short percent of float, now at 0.8% of all regular shares available for trading. This rise in short interest could indicate bearish sentiment among investors. However, BDX's short interest is still lower than its peer group average of 4.74%.
July 17, 2024 | 4:00 pm
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Becton Dickinson's short interest has increased by 17.65%, now at 0.8% of float. This could indicate bearish sentiment, but the short interest is still below the peer average of 4.74%.
The increase in short interest suggests that more investors are betting against BDX, which could lead to downward pressure on the stock price in the short term. However, the short interest is still lower than the peer average, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100