Peering Into Corteva's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Corteva's short interest has increased by 4.62%, with 8.33 million shares sold short, representing 1.36% of its float. This is below the peer group average of 4.72%. The rise in short interest suggests a bearish sentiment, but it doesn't necessarily predict a price drop.
August 20, 2024 | 5:15 pm
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Corteva's short interest has increased by 4.62%, with 8.33 million shares sold short, representing 1.36% of its float. This is below the peer group average of 4.72%. The rise in short interest suggests a bearish sentiment, but it doesn't necessarily predict a price drop.
The increase in short interest indicates a bearish sentiment among investors, but since Corteva's short interest is still below the peer average, it may not lead to a significant price drop. The market sentiment is cautious, but not overly negative.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100