How Is The Market Feeling About HealthEquity?
Portfolio Pulse from Benzinga Insights
HealthEquity (NYSE:HQY) has seen a 7.43% increase in its short percent of float, now at 6.07%. This is higher than its peers' average of 3.16%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.
September 10, 2024 | 1:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
HealthEquity's short interest has increased to 6.07%, indicating a rise in bearish sentiment compared to its peers. This could lead to increased volatility in the stock price.
The increase in short interest to 6.07% suggests that investors are more bearish on HealthEquity compared to its peers, whose average short interest is 3.16%. This could lead to increased volatility and potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100