Peering Into Kroger's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Kroger's (NYSE:KR) short percent of float has risen 9.21% since its last report, with 21.72 million shares sold short, which is 3.44% of all regular shares available for trading. It would take traders 2.7 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Kroger's peer group average for short interest as a percentage of float is 6.31%, which means the company has less short interest than most of its peers.

September 28, 2023 | 5:00 pm
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Kroger's short percent of float has increased, indicating a bearish sentiment among investors. However, it has less short interest than most of its peers.
The increase in short interest indicates that more investors are betting that Kroger's stock price will fall. However, compared to its peers, Kroger has less short interest, which could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
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