Looking Into Lennar's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lennar's (NYSE:LEN) short percent of float has fallen 5.14% since its last report, with 5.34 million shares sold short, which is 2.77% 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, with an average of 6.00% for its peer group.
August 07, 2023 | 4:45 pm
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Lennar's short interest has decreased, which could indicate a more bullish sentiment towards the stock. This could potentially impact the stock's price in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment, which could lead to an increase in the stock's price. As such, the decrease in Lennar's short interest could potentially have a positive impact on its stock price in the short term.
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