Looking Into Molina Healthcare's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Molina Healthcare's short interest has decreased by 16.12%, with 1.58 million shares sold short, representing 3.07% of its float. This is lower than the peer average of 4.21%, indicating a relatively bullish sentiment. It would take 1.42 days to cover these positions.
August 21, 2024 | 3:15 pm
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Molina Healthcare's short interest has decreased by 16.12%, with 1.58 million shares sold short, representing 3.07% of its float. This is lower than the peer average of 4.21%, indicating a relatively bullish sentiment. It would take 1.42 days to cover these positions.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. With short interest below the peer average, it indicates that investors are less bearish on Molina compared to its peers. This could lead to a positive short-term impact on the stock price.
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