How Is The Market Feeling About Dominion Energy?
Portfolio Pulse from Benzinga Insights
Dominion Energy's (NYSE:D) short percent of float has risen 21.3% since its last report, with 10.91 million shares sold short, which is 1.31% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Dominion Energy's peer group average for short interest as a percentage of float is 2.70%, which means the company has less short interest than most of its peers.
November 07, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dominion Energy's short percent of float has increased, indicating a potential bearish sentiment among investors. However, compared to its peers, the company has less short interest.
The increase in short percent of float indicates that more investors are betting against Dominion Energy, which could put downward pressure on the stock price in the short term. However, the company's lower short interest compared to its peers could mean that it is less likely to experience a significant price drop.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100