National Grid Soars 6.04% as Short Interest Drops 29.5%

On April 3, 2025, National Grid's stock surged by 6.04% in pre-market trading, indicating a strong start to the day's session.

One of the key factors contributing to the rise in National Grid's stock is the significant decrease in short interest. As of March 15th, the short interest in National Grid's shares dropped by 29.5%, from 1,460,000 shares to 1,030,000 shares. This reduction in short interest suggests that investors are becoming more optimistic about the company's prospects, which could be driving the stock price higher.

Additionally, there has been notable dialogue among investors regarding the potential for National Grid's stock to approach £11 as market conditions seem to be improving. This positive sentiment could be further fueling the stock's upward momentum.

Furthermore, the proposed rate increase by Dominion Energy to improve grid resilience and efficiency may have a positive impact on National Grid. As the energy sector focuses on enhancing grid infrastructure, National Grid, as a key player, could benefit from increased investment and improved operational efficiency.