Life Science Research Supply Stocks Fall 7% In October

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Median short interest for listed and OTC Life Science Research Supply stocks fell 7% in the first half of October, while aggregate short interest for the group slid 4% to the lowest levels since May 2006 (vs. declines of 2% and 5% for the NYSE and Nasdaq, respectively), Jefferies & Company reports. “Short interest levels decreased for 17 of the 21 constituents in our life science research supplies index,” Jefferies & Company writes. Becton, Dickinson and Company
BDX
experienced the most dramatic decline at -20%. Becton, Dickinson and Company currently trades at $76.73.
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Posted In: Analyst RatingsBectonDickinson and CompanyJefferies & CompanyLife Science Research
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