Peering Into Ocugen's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ocugen's (NYSE:OCGN) short interest has risen by 15.83%, with 24.37% of its float sold short. This is significantly higher than its peers' average of 11.57%. It would take traders 11.68 days to cover their short positions.
August 09, 2024 | 8:15 pm
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Ocugen's short interest has increased by 15.83%, with 24.37% of its float sold short. This is significantly higher than its peers' average of 11.57%. It would take traders 11.68 days to cover their short positions.
The significant increase in short interest suggests that investors are bearish on Ocugen's stock. This could lead to downward pressure on the stock price in the short term as more traders bet against it.
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IMPORTANCE 80
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