(CNC) - Analyzing Centene's Short Interest
Portfolio Pulse from Benzinga Insights
Centene's short interest has decreased by 6.22%, with 9.77 million shares sold short, representing 2.11% of its float. This is lower than its peers' average of 4.28%. The decrease in short interest may indicate a more bullish sentiment towards Centene.
August 29, 2024 | 5:30 pm
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Centene's short interest has decreased by 6.22%, with 9.77 million shares sold short, representing 2.11% of its float. This is lower than its peers' average of 4.28%. The decrease in short interest may indicate a more bullish sentiment towards Centene.
The decrease in short interest suggests that investors are less bearish on Centene compared to before. With its short interest lower than the peer average, this could indicate a more positive outlook for the stock, potentially leading to a short-term price increase.
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