How Is The Market Feeling About Glaukos?
Portfolio Pulse from Benzinga Insights
Glaukos (NYSE:GKOS) has seen a 24.51% decrease in its short percent of float, now at 6.96%. This indicates a shift in market sentiment, as fewer shares are being shorted. Despite this, Glaukos still has higher short interest compared to its peers, whose average is 4.15%.
October 30, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Glaukos has experienced a significant decrease in short interest, which may indicate a shift towards a more bullish market sentiment. However, its short interest remains higher than its peers.
The decrease in short interest suggests that investors are becoming less bearish on Glaukos, which could lead to a positive impact on the stock price. However, the short interest is still higher than its peers, indicating some level of caution remains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100