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.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90