How Is The Market Feeling About MKS Instruments?
Portfolio Pulse from Benzinga Insights
MKS Instruments (NYSE:MKSI) has seen a decrease in its short percent of float by 18.01%, with 2.44 million shares sold short, representing 4.69% of its float. This is lower than the peer group average of 6.75%, indicating a relatively bullish sentiment compared to its peers.
October 07, 2024 | 6:00 pm
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MKS Instruments has experienced an 18.01% decrease in short interest, now at 4.69% of its float, which is below the peer average of 6.75%. This suggests a relatively bullish sentiment towards the stock.
The decrease in short interest by 18.01% suggests that investors are less bearish on MKS Instruments compared to its peers, where the average short interest is higher at 6.75%. This could indicate a potential positive sentiment shift, possibly leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100