Pre-Earnings Short Accumulation in NEOG
Neogen (NEOG) is heading into its October 1 earnings print with significant bearish positioning. Short interest has climbed 14% over the past week, now representing 5.3% of the free float. This represents a 45% increase in short interest over the past month. While options traders are currently skewing bullish, the rise in short interest suggests that institutional bears are positioning for a potential downside surprise or volatility following the upcoming earnings announcement.
Signal data sourced from Ortex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
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