Looking Into Genprex's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Genprex's short interest has increased by 5.38%, with 85,000 shares sold short, representing 3.33% of its float. This is below the peer group average of 3.81%. Short interest can indicate market sentiment, with rising short interest suggesting bearish sentiment.
October 28, 2024 | 3:30 pm
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NEUTRAL IMPACT
Genprex's short interest has increased, indicating a potential bearish sentiment among investors. However, its short interest is still below the peer average, which may suggest relative strength.
The increase in short interest suggests that some investors are betting against Genprex, which could indicate bearish sentiment. However, since the short interest is below the peer average, it may not be a strong bearish signal. The impact on the stock price in the short term is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100