How Is The Market Feeling About Intuitive Surgical?
Portfolio Pulse from Benzinga Insights
Intuitive Surgical (NYSE:ISRG) has seen a 10.42% increase in its short percent of float, now at 1.06% of available shares. This indicates a rise in bearish sentiment, although its short interest is still below the peer group average of 2.85%.
September 11, 2024 | 1:15 pm
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Intuitive Surgical's short interest has increased by 10.42%, indicating a rise in bearish sentiment. However, its short interest remains below the peer average, suggesting less bearishness compared to peers.
The increase in short interest suggests a rise in bearish sentiment towards Intuitive Surgical. However, since its short interest is still below the peer average, the bearish sentiment is not as strong compared to its peers. This could lead to short-term downward pressure on the stock price.
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