Looking Into CVS Health's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CVS Health's short interest has decreased by 6.12%, with 17.40 million shares sold short, representing 1.38% of its float. This is lower than its peers' average short interest of 9.64%. A decrease in short interest can indicate a more bullish sentiment.
October 07, 2024 | 6:15 pm
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CVS Health's short interest has decreased by 6.12%, with 17.40 million shares sold short, representing 1.38% of its float. This is lower than its peers' average short interest of 9.64%. A decrease in short interest can indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. With CVS having a lower short interest compared to its peers, it indicates relative strength and potential positive sentiment in the market.
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