How Is The Market Feeling About DuPont de Nemours?
Portfolio Pulse from Benzinga Insights
DuPont de Nemours (NYSE:DD) has seen a decrease in short interest, with the short percent of float dropping 6.63% since the last report. The company has 6.63 million shares sold short, representing 1.55% of available shares for trading. The current short interest is lower than the peer group average of 3.94%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.
January 10, 2024 | 7:30 pm
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DuPont de Nemours has experienced a decrease in short interest, which may suggest a more bullish sentiment among investors. However, this does not guarantee an immediate increase in stock price.
A decrease in short interest typically indicates that investors are less bearish on a stock, which could lead to a potential increase in its price. However, the impact on the stock price is not immediate and can be influenced by various other market factors.
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