Looking Into DuPont de Nemours's Recent Short Interest
Portfolio Pulse from Benzinga Insights
DuPont de Nemours's (NYSE:DD) short percent of float has risen 4.29% since its last report, with 7.78 million shares sold short, which is 1.7% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. However, compared to its peers, DuPont de Nemours has less short interest.
July 06, 2023 | 5:46 pm
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DuPont de Nemours's short percent of float has increased, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
The increase in short interest indicates that more investors are betting that the stock price will fall. However, compared to its peers, DuPont de Nemours has less short interest, which could mean that the market sentiment towards the stock is not as bearish as it seems.
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IMPORTANCE 70
RELEVANCE 100