(DDS) - Analyzing Dillard's's Short Interest
Portfolio Pulse from Benzinga Insights
Dillard's (NYSE:DDS) has seen a decline in its short interest by 11.81%, with 895 thousand shares sold short, representing 26.65% of its float. This is higher than the peer group average of 10.35%. It would take traders 7.84 days to cover their short positions.
August 09, 2024 | 7:15 pm
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Dillard's short interest has decreased by 11.81%, with 895K shares sold short, representing 26.65% of its float. This is higher than the peer average of 10.35%.
The decrease in short interest suggests a more bullish sentiment among investors. However, the high percentage of short interest compared to peers indicates that there is still significant bearish sentiment. The mixed signals could lead to increased volatility in the short term.
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