Looking Into Hims & Hers Health's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Hims & Hers Health (NYSE:HIMS) has seen a 3.89% decrease in its short percent of float, now at 10.12%. This is higher than its peers' average of 9.36%. The decrease in short interest may indicate a shift in market sentiment.
August 19, 2024 | 7:15 pm
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Hims & Hers Health's short interest has decreased by 3.89%, now at 10.12% of float, which is higher than its peers' average. This could indicate a shift in market sentiment towards a more bullish outlook.
The decrease in short interest suggests that fewer investors are betting against Hims & Hers Health, which could indicate a more positive market sentiment. The fact that its short interest is still higher than peers suggests that while sentiment may be improving, caution remains.
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