Peering Into Gilead Sciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Gilead Sciences (NYSE:GILD) has seen a 5.59% decrease in its short percent of float, now at 1.35% of available shares. This is lower than its peers' average of 6.30%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 06, 2024 | 7:00 pm
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Gilead Sciences has experienced a 5.59% decrease in short interest, now at 1.35% of its float, which is below the peer average of 6.30%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Gilead Sciences, which could indicate a more positive outlook on the stock. Additionally, its short interest is significantly lower than the peer average, further supporting a potential bullish sentiment.
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