(PODD) - Analyzing Insulet's Short Interest
Portfolio Pulse from Benzinga Insights
Insulet's short interest has decreased by 7.37%, with 2.77 million shares sold short, representing 5.28% of its float. This is higher than its peers' average of 3.92%. The decrease in short interest may indicate a more bullish sentiment.
October 25, 2024 | 3:00 pm
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Insulet's short interest has decreased by 7.37%, with 2.77 million shares sold short, representing 5.28% of its float. This is higher than its peers' average of 3.92%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. With Insulet's short interest higher than its peers, the reduction could lead to a positive impact on the stock price as traders may cover their positions.
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