How Is The Market Feeling About Hims & Hers Health?
Portfolio Pulse from Benzinga Insights
Hims & Hers Health (NYSE:HIMS) has seen a 22.07% increase in its short percent of float, now at 14.77%. This indicates a bearish sentiment compared to its peers, whose average short interest is 9.32%. It would take traders 3.82 days to cover their short positions.
September 17, 2024 | 3:45 pm
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Hims & Hers Health has experienced a significant increase in short interest, now at 14.77% of float, indicating a bearish market sentiment. This is higher than the peer average of 9.32%.
The increase in short interest to 14.77% suggests that investors are bearish on Hims & Hers Health compared to its peers, which have an average short interest of 9.32%. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100