Peering 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 99.24% since its last report, with 11.93 million shares sold short, which is 2.61% of all regular shares available for trading. It would take traders 5.76 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.96%.
October 02, 2023 | 5:45 pm
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DuPont de Nemours's short percent of float has risen significantly, indicating a bearish sentiment among traders.
The significant increase in DuPont de Nemours's short percent of float indicates that traders are expecting the stock price to fall. This bearish sentiment could put downward pressure on the stock price in the short term.
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