Peering Into Dow's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dow's (NYSE:DOW) short percent of float has risen 5.62% since its last report, with 11.87 million shares sold short, which is 1.69% of all regular shares available for trading. It would take traders 2.75 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Dow's peer group average for short interest as a percentage of float is 5.18%, which means the company has less short interest than most of its peers.

October 09, 2023 | 7:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dow's short percent of float has increased, indicating a potential bearish sentiment among investors.
An increase in short interest can indicate that investors are expecting the stock price to decrease. This could potentially lead to a decrease in Dow's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100