Peering Into Edwards Lifesciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Edwards Lifesciences (NYSE:EW) has seen a 3.92% increase in its short percent of float, now at 1.06% of available shares. This is below the peer group average of 4.58%. Short interest can indicate market sentiment, with increased shorting suggesting bearish views.
August 30, 2024 | 5:00 pm
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NEUTRAL IMPACT
Edwards Lifesciences has experienced a 3.92% increase in short interest, now at 1.06% of its float. This is lower than the peer average of 4.58%, indicating less bearish sentiment compared to peers.
The increase in short interest suggests a rise in bearish sentiment, but since the short interest is still below the peer average, it indicates relatively less bearish sentiment compared to its peers. This could mean a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100