Is the Market Bullish or Bearish on Medtronic PLC?
Medtronic PLC's short interest has risen 39.62% since its last report, with 18.97 million shares sold short, representing 1.48% of all regular shares available for trading. This increase in short interest can indicate bearish market sentiment. However, Medtronic's short interest is lower than its peers, whose average is 5.74%. Increasing short interest can sometimes be bullish for a stock.
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