(DHI) - Analyzing D.R. Horton's Short Interest
Portfolio Pulse from Benzinga Insights
D.R. Horton's (NYSE:DHI) short percent of float has fallen 8.64% since its last report, with 6.87 million shares sold short, which is 3.49% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards D.R. Horton. The company's short interest as a percentage of float is lower than its peer group average of 6.26%.
August 22, 2023 | 2:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards D.R. Horton. The company's short interest is lower than its peer group average.
A decrease in short interest often indicates that traders are less bearish on a stock, which could lead to an increase in its price. D.R. Horton's short interest is lower than its peer group average, which could be a positive sign for the company's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100