(HQY) - Analyzing HealthEquity's Short Interest
Portfolio Pulse from Benzinga Insights
HealthEquity's (NYSE:HQY) short interest has risen by 15.87%, with 3.97 million shares sold short, representing 5.33% of its float. This is higher than the peer group average of 4.08%. It would take traders 6.67 days to cover their short positions.
August 08, 2024 | 4:45 pm
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HealthEquity's short interest has increased by 15.87%, with 3.97 million shares sold short, representing 5.33% of its float. This is higher than the peer group average of 4.08%.
The increase in short interest suggests that investors are becoming more bearish on HealthEquity compared to its peers. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100