Looking Into Dollar Gen's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Gen's (NYSE:DG) short percent of float has risen 5.35% since its last report, with 4.31 million shares sold short, which is 1.97% of all regular shares available for trading. It would take traders 1.83 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 3.19%.
August 18, 2023 | 7:00 pm
News sentiment analysis
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Dollar Gen's short interest has increased, indicating a bearish sentiment among traders. However, it has less short interest than its peers.
An increase in short interest indicates that traders expect the stock's price to fall. However, the fact that Dollar Gen has less short interest than its peers could mean that it's performing better than similar companies.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100