Looking Into Teledyne Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Teledyne Technologies (NYSE:TDY) has seen a 23.98% decrease in its short percent of float, now at 1.3% of available shares. This is lower than the peer group average of 6.48%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 24, 2024 | 7:15 pm
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Teledyne Technologies has experienced a significant decrease in short interest, now at 1.3% of float, which is below the peer average. This could suggest a more bullish market sentiment towards the stock.
The decrease in short interest by 23.98% suggests that fewer investors are betting against Teledyne Technologies, which could indicate a shift towards a more positive outlook on the stock. Additionally, the short interest is significantly lower than the peer average, further supporting a potentially bullish sentiment.
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