Molina Healthcare Inc.'s short interest as a percentage of float has decreased by 5.08% since its last report, now standing at 2.89 million shares sold short, which is 7.48% of available regular shares. This reduction in short interest suggests a potentially more bullish sentiment among investors despite the company still having more short interest than its peer group average of 4.78%. It would take traders an estimated 1.96 days to cover their short positions.
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Looking Into Molina Healthcare Inc's Recent Short Interest
Molina Healthcare Inc.'s short interest as a percentage of float has decreased by 5.08% since its last report, now standing at 2.89 million shares sold short, which is 7.48% of available regular shares. This reduction in short interest suggests a potentially more bullish sentiment among investors despite the company still having more short interest than its peer group average of 4.78%. It would take traders an estimated 1.96 days to cover their short positions.