How Is The Market Feeling About Duke Energy?
Portfolio Pulse from Benzinga Insights
Duke Energy's (NYSE:DUK) short percent of float has risen 8.65% since its last report, with 8.72 million shares sold short, representing 1.13% of all regular shares available for trading. The company's peer group average for short interest as a percentage of float is 2.70%, indicating less short interest than most of its peers.
May 18, 2023 | 2:01 pm
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Duke Energy's short percent of float has increased, indicating more bearish sentiment, but it has less short interest than most of its peers.
The increase in short interest for Duke Energy indicates a more bearish sentiment among traders. However, the company still has less short interest than most of its peers, which suggests that the bearish sentiment is not extreme. This could result in a neutral short-term impact on the stock price.
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