Looking Into Dominion Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dominion Energy's (NYSE:D) short percent of float has risen 28.99% since its last report, with 7.46 million shares sold short, which is 0.89% of all regular shares available for trading. It would take traders 1.19 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.27%.
September 27, 2023 | 1:15 pm
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Dominion Energy's short interest has increased, indicating a bearish sentiment among traders. However, its short interest is less than its peer group average.
An increase in short interest indicates that more traders are betting that the stock's price will fall. However, the fact that Dominion Energy's short interest is less than its peer group average suggests that the bearish sentiment is not as strong compared to other similar companies.
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