Looking Into Dominion Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dominion Energy's (NYSE:D) short percent of float has decreased by 7.58% since its last report, with 5.12 million shares sold short, representing 0.61% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Dominion Energy has less short interest, with an average of 1.98% for its peer group.
July 06, 2023 | 5:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Dominion Energy's short interest has decreased, which could indicate a shift towards a more bullish sentiment for the stock. The company also has less short interest compared to its peers.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price in the short term. Additionally, having less short interest compared to its peers could make Dominion Energy more attractive to investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100