Looking Into TransMedics Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
TransMedics Gr (NYSE:TMDX) has seen a 6.38% decrease in its short percent of float, now at 20.1%. This is significantly higher than its peers' average of 3.54%. The decrease in short interest may indicate a shift in market sentiment.
September 30, 2024 | 6:30 pm
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TransMedics Gr's short interest has decreased by 6.38%, now at 20.1% of float, which is higher than its peers' average of 3.54%. This decrease may suggest a shift towards a more bullish sentiment.
The decrease in short interest suggests that fewer investors are betting against the stock, which could indicate a more positive outlook. The fact that TMDX's short interest is still significantly higher than its peers suggests that while sentiment may be improving, there is still considerable skepticism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100