Peering Into Molina Healthcare's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Molina Healthcare's short interest has decreased by 16.12%, with 1.58 million shares sold short, representing 3.07% of its float. This is lower than its peers' average short interest of 3.65%. A decrease in short interest can indicate a more bullish sentiment towards the stock.
September 10, 2024 | 2:00 pm
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Molina Healthcare's short interest has decreased by 16.12%, indicating a potential shift towards a more bullish sentiment. The current short interest is 3.07% of the float, which is lower than the peer average of 3.65%.
The decrease in short interest suggests that fewer investors are betting against Molina Healthcare, which can be interpreted as a positive sign for the stock. Additionally, its short interest is lower than the peer average, further supporting a potentially bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100