(DD) - Analyzing DuPont de Nemours's Short Interest
Portfolio Pulse from Benzinga Insights
DuPont de Nemours (NYSE:DD) has seen a 15.38% decrease in its short interest, now at 0.99% of its float. This is lower than the peer group average of 3.71%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 29, 2024 | 4:45 pm
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DuPont de Nemours has experienced a 15.38% decrease in short interest, now at 0.99% of its float, which is below the peer average of 3.71%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against DuPont, which can be interpreted as a sign of increased confidence in the stock. This is further supported by the fact that DuPont's short interest is below the peer average, indicating relatively stronger market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100