How Is The Market Feeling About Humacyte?
Portfolio Pulse from Benzinga Insights
Humacyte's short interest has decreased by 5.19%, with 11.41 million shares sold short, representing 12.61% of its float. This is lower than its peers' average short interest of 14.76%. A decrease in short interest can indicate a more bullish sentiment.
September 05, 2024 | 7:15 pm
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Humacyte's short interest has decreased by 5.19%, now at 12.61% of its float, which is below the peer average of 14.76%. This could indicate a shift towards a more bullish market sentiment.
The decrease in short interest suggests that fewer investors are betting against Humacyte, which can be interpreted as a positive sign for the stock. Additionally, Humacyte's short interest is lower than its peers, further supporting a potential bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100