(BDX) - Analyzing Becton Dickinson's Short Interest
Portfolio Pulse from Benzinga Insights
Becton Dickinson's short interest has decreased by 9.33%, with 1.98 million shares sold short, representing 0.68% of its float. This is lower than its peers' average short interest of 4.62%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 23, 2024 | 4:15 pm
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Becton Dickinson's short interest has decreased by 9.33%, now at 0.68% of its float, which is lower than the peer average of 4.62%. This decrease may suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Becton Dickinson, which can be interpreted as a positive sentiment shift. Additionally, the company's short interest is significantly lower than its peers, which may further support a bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100