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Why Honeywell’s Short Interest Has Fallen This Year

Why Honeywell’s Short Interest Has Fallen This Year

Short interest data from March 28, 2018, shows that Honeywell’s short interest had fallen to its lowest level in 2018 despite market volatility due to trade wars and political tensions, indicating very low bearishness. As of March 29, Honeywell’s short interest as a percentage of outstanding shares was 0.97%, compared with 1.3% on December 29, 2017. In the same period, its stock price fell from $153.36 to $144.51.