(KKR) - Analyzing KKR & Co's Short Interest
Portfolio Pulse from Benzinga Insights
KKR & Co's short percent of float has risen 25.44% since its last report, with 13.58 million shares sold short, which is 2.12% of all regular shares available for trading. It would take traders 4.57 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, KKR & Co's peer group average for short interest as a percentage of float is 2.98%, which means the company has less short interest than most of its peers.
August 28, 2023 | 8:45 pm
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KKR & Co's short interest has increased, indicating a potentially bearish sentiment. However, compared to its peers, KKR has less short interest.
An increase in short interest often indicates a bearish sentiment among investors, as they expect the stock price to fall. However, KKR's short interest is less than its peers, which could mean that the bearish sentiment is not as strong for KKR as it is for other similar companies.
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IMPORTANCE 75
RELEVANCE 100