Looking Into Lennar's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lennar's (NYSE:LEN) short percent of float has fallen 11.78% since its last report, with 5.64 million shares sold short, which is 2.92% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Lennar has less short interest as a percentage of float, with an average of 5.77%.
July 21, 2023 | 6:30 pm
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Lennar's short interest has decreased, which could indicate a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can indicate a more bullish sentiment towards a stock, which could potentially lead to an increase in the stock's price. As Lennar's short interest has decreased, this could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100