Peering Into CVS Health's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CVS Health's short interest has decreased by 12.58%, with 17.42 million shares sold short, representing 1.39% of its float. This is lower than its peers' average short interest of 9.48%. The decrease in short interest may indicate a more bullish sentiment towards CVS Health.
September 04, 2024 | 3:00 pm
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CVS Health's short interest has decreased by 12.58%, with 17.42 million shares sold short, representing 1.39% of its float. This is lower than its peers' average short interest of 9.48%. The decrease in short interest may indicate a more bullish sentiment towards CVS Health.
The decrease in short interest suggests that fewer investors are betting against CVS Health, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that CVS's short interest is significantly lower than its peers, potentially making it more attractive to investors.
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