Monday, April 1, 2024

Only About One-Half Of One Percent Of Merck's "NYSE Float" Is Shorted -- Strong Sign Of NYSE Price Stability...


US Merck is about the twentieth least-shorted stock on the NYSE. As shorts go, it is in the top one fiftieth of one percentile, of all NYSE listed stocks -- NOT much shorted.

This would imply both high institutional confidence in the stability of its quarterly financial results -- earnings and cash flow. . . as well as pretty low volatility, in price fluctuations.

As a group, probably only tech rivals pharma, in low percentage shorted metrics.

Now you know.

Onward -- to beating BHO44, in the NCAA Women's brackets (for once!), tonight -- if Caitlin Clark can best Angel Reese. We shall see. . . grin.

नमस्ते

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