(LEN) - Analyzing Lennar's Short Interest
Portfolio Pulse from Benzinga Insights
Lennar's (NYSE:LEN) short percent of float has decreased by 6.8% since its last report, with 5.29 million shares sold short, representing 2.74% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Lennar. Compared to its peers, Lennar has less short interest, with an average of 6.73% for its peer group.
September 28, 2023 | 3:15 pm
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Lennar's short interest has decreased, potentially indicating a more bullish sentiment towards the company's stock. This could 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, potentially leading to an increase in the stock's price. Lennar's short interest has decreased, which could be a positive sign for the company's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100