Peering Into DuPont de Nemours's Recent Short Interest
Portfolio Pulse from Benzinga Insights
DuPont de Nemours (NYSE:DD) has seen a 10.7% decrease in short interest, now at 7.10 million shares or 1.92% of float, taking 3.9 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards DD compared to its peers, where the average short interest is 4.10% of float.

April 18, 2024 | 4:00 pm
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DuPont de Nemours's short interest has decreased, indicating a potential bullish sentiment among investors.
A decrease in short interest often suggests that investors are becoming more optimistic about a company's future prospects. For DuPont de Nemours, this reduction in short interest could lead to a positive short-term impact on its stock price as it indicates a shift towards a more bullish sentiment among traders and investors. Additionally, being below the peer average in short interest further strengthens the case for potential upward movement in the stock price.
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IMPORTANCE 75
RELEVANCE 90