Looking Into Dollar Gen's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Gen's (NYSE:DG) short percent of float has risen 3.89% since its last report, with 4.09 million shares sold short, which is 1.87% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Dollar Gen has less short interest as a percentage of float, which is 3.34% on average.
July 28, 2023 | 3:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dollar Gen's short percent of float has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
An increase in short interest can indicate that investors are expecting the stock's price to fall, which is a bearish signal. However, having less short interest compared to its peers could mean that the bearish sentiment is not as strong for Dollar Gen as it is for other companies in the same industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100