How Is The Market Feeling About Teladoc Health?
Portfolio Pulse from Benzinga Insights
Teladoc Health's short interest has decreased by 5.26%, with 25.39% of its shares sold short. This is higher than its peers' average of 5.48%. The decrease in short interest may indicate a shift in market sentiment.
August 19, 2024 | 6:00 pm
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Teladoc Health's short interest has decreased by 5.26%, with 25.39% of its shares sold short. This is higher than its peers' average of 5.48%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests that bearish sentiment is waning, which could lead to a positive short-term impact on Teladoc's stock price. However, the high level of short interest compared to peers indicates ongoing skepticism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100