How Is The Market Feeling About Teleflex?
Portfolio Pulse from Benzinga Insights
Teleflex's short interest has decreased by 43.78%, with 361,000 shares sold short, representing 1.22% of its float. This is lower than the peer group average of 4.60%. The decrease in short interest may indicate a more bullish sentiment towards Teleflex.
August 26, 2024 | 5:45 pm
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Teleflex's short interest has decreased significantly, suggesting a potential shift in market sentiment towards a more bullish outlook. The current short interest is 1.22% of the float, which is lower than the peer average of 4.60%.
The significant decrease in short interest suggests that investors are less bearish on Teleflex, which could lead to a positive impact on the stock price. The short interest is also lower than the peer average, further indicating a potential bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100