Looking Into Encompass Health's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Encompass Health (NYSE:EHC) has seen a 9.03% decrease in its short percent of float, now at 1.31% of available shares. This is lower than its peers' average of 3.94%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 02, 2024 | 5:30 pm
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Encompass Health's short interest has decreased by 9.03%, now at 1.31% of float, which is below the peer average of 3.94%. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Encompass Health, which could be interpreted as a sign of increased confidence in the stock. Additionally, the short interest is significantly lower than the peer average, further supporting a potential bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100