(DD) - Analyzing DuPont de Nemours's Short Interest
Portfolio Pulse from Benzinga Insights
DuPont de Nemours (NYSE:DD) has seen a 12.77% increase in its short interest, now at 1.06% of its float. This is lower than its peers' average of 3.32%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
September 06, 2024 | 1:15 pm
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DuPont de Nemours has experienced a 12.77% increase in short interest, now at 1.06% of its float, which is below the peer average of 3.32%. This indicates a bearish sentiment but doesn't necessarily predict a price decline.
The increase in short interest suggests a bearish sentiment towards DuPont, but since the 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