Looking Into 10x Genomics's Recent Short Interest
Portfolio Pulse from Benzinga Insights
10x Genomics (NYSE:TXG) has seen a 4.71% decrease in its short percent of float, now at 8.1% of available shares. This is higher than its peers' average of 5.21%. The decrease in short interest may indicate a shift towards a more bullish sentiment.
October 17, 2024 | 2:00 pm
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10x Genomics has experienced a 4.71% decrease in short interest, now at 8.1% of its float, which is higher than the peer average of 5.21%. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, the short interest is still higher than the peer average, indicating that while sentiment may be improving, there is still significant bearish sentiment compared to peers.
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