Veralto Corporation (NYSE:VLTO) experienced a significant 19.8% decrease in short interest by the end of January, totaling 4,446,305 shares. The company reported strong Q4 earnings, beating EPS estimates, and also increased its quarterly dividend. Institutional investors hold a substantial 91.28% of the stock, while insiders have a smaller stake with a recent SVP share sale.
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Veralto Corporation (NYSE:VLTO) Sees Large Decrease in Short Interest
Veralto Corporation (NYSE:VLTO) experienced a significant 19.8% decrease in short interest by the end of January, totaling 4,446,305 shares. The company reported strong Q4 earnings, beating EPS estimates, and also increased its quarterly dividend. Institutional investors hold a substantial 91.28% of the stock, while insiders have a smaller stake with a recent SVP share sale.