(D) - Analyzing Dominion Energy's 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. An increase in short interest can indicate a bearish market sentiment. However, Dominion Energy's short interest is less than its peer group average of 2.27%.
October 13, 2023 | 4:15 pm
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Dominion Energy's short percent of float has increased, indicating a potential bearish sentiment. However, its short interest is less than its peer group average.
An increase in short interest can indicate a bearish sentiment towards a stock. However, Dominion Energy's short interest is less than its peer group average, which could mean that the market sentiment is not as bearish as it seems. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100