On Friday, shares of BioNTech SE (NASDAQ:BNTX) experienced volatile short activity. After the activity, the stock price went down -0.42% to $157.70.
The overall sentiment for BNTX has been Bearish.
The signal from the volatility alert is trending Bullish. Therefore, the recommendation is to Decrease Short Exposure.
The volatility alert was produced on the prior trading date, 6/3/2022, with a volatility change of +129.43%. The current volatility indicator stands at 19.284.
Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.
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