Peering Into Gilead Sciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Gilead Sciences (NYSE:GILD) has seen a 10.63% decrease in its short percent of float, now at 1.43% of available shares. This is lower than its peers' average of 5.34%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 21, 2024 | 1:15 pm
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Gilead Sciences has experienced a 10.63% decrease in short interest, now at 1.43% of its float, which is below the peer average of 5.34%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Gilead Sciences, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Gilead's short interest is significantly lower than the peer average, potentially making it more attractive to investors.
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