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
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100