Looking Into KKR & Co's Recent Short Interest
Portfolio Pulse from Benzinga Insights
The short percent of float for KKR & Co (NYSE:KKR) has increased by 3.77% since its last report, with 10.68 million shares sold short. This represents 1.65% of all regular shares available for trading. Short interest can indicate market sentiment towards a stock, with an increase potentially signaling a more bearish outlook. However, KKR & Co's short interest as a percentage of float is less than its peer group average of 3.14%.
July 20, 2023 | 2:30 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
KKR & Co's short interest has increased, potentially indicating a bearish market sentiment. However, its short interest is less than its peer group average.
An increase in short interest can indicate a bearish sentiment towards a stock. However, KKR's short interest is less than its peer group average, which could mean that the market sentiment towards KKR is not as bearish as it is towards its peers. This could potentially have a neutral impact on KKR's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100