Peering Into Dominion Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Dominion Energy (NYSE:D) has seen a 13.74% decrease in short interest since its last report, with 9.47 million shares sold short, representing 1.13% of its float. The average time to cover these short positions is 1.47 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Dominion Energy's short interest is below its peer group average of 2.89%.
November 23, 2023 | 2:15 pm
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Dominion Energy's decrease in short interest suggests a more bullish market sentiment, which could lead to a short-term positive impact on the stock price.
A decrease in short interest typically indicates that investors are less bearish on a stock, which can lead to a positive impact on the stock price in the short term. However, short interest is just one of many factors that can affect stock prices, and the article does not guarantee a price rise.
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