Peering Into Dollar Gen's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dollar Gen's (NYSE:DG) short percent of float has fallen 5.78% since its last report, with 4.64 million shares sold short, which is 2.12% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Dollar Gen has less short interest, with an average of 3.72% for its peer group.
November 03, 2023 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Decrease in short interest could indicate a more bullish sentiment towards Dollar Gen's stock. The company's short interest is lower than its peer group average.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Dollar Gen's short interest has decreased, and it is lower than its peer group average, which could indicate a more positive sentiment towards the company's stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100