Looking Into Kezar Life Sciences's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Kezar Life Sciences (NYSE:KZR) has seen a 21.74% increase in its short percent of float, now at 1.68% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.49%.
October 29, 2024 | 8:15 pm
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Kezar Life Sciences has experienced a 21.74% increase in short interest, now at 1.68% of its float. This suggests a rise in bearish sentiment, but the short interest remains below the peer average of 4.49%.
The increase in short interest suggests that investors are becoming more bearish on Kezar Life Sciences. However, the short interest is still below the peer average, which may mitigate the negative impact. The short interest data is a key indicator of market sentiment, and the rise could lead to downward pressure on the stock price in the short term.
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