Neogen Corporation (NASDAQ:NEOG) Short Interest Down 15.8% in January

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Neogen Corporation (NASDAQ:NEOG) experienced a 15.8% decrease in short interest in January, totaling 11,865,302 shares, representing approximately 5.5% of its shares sold short. Major institutional investors, particularly Goldman Sachs, increased their stakes, while the company reported better-than-expected Q1 earnings but a significant negative net margin. Analysts currently hold a “Hold” consensus rating with an average target price of $10.67.

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