Peering Into Guardion Health Sciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Guardion Health Sciences (NYSE:GHSI) has seen a 5.05% decrease in its short percent of float, now at 6.39%. This is higher than its peers' average of 5.54%. It would take traders 20.16 days to cover short positions. A decrease in short interest can indicate a more bullish sentiment.
August 29, 2024 | 6:30 pm
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Guardion Health Sciences has experienced a 5.05% decrease in short interest, now at 6.39% of float, which is higher than its peers' average. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards a more bullish outlook for GHSI. With short interest higher than peers, it indicates that while bearish sentiment was strong, it is now decreasing, which could lead to upward price movement.
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