Looking Into KKR & Co's Recent Short Interest
Portfolio Pulse from Benzinga Insights
KKR & Co's (NYSE:KKR) short interest has decreased by 17.5% since the last report, with 6.63 million shares sold short, representing 0.99% of available shares. The average time to cover these short positions is 2.1 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. KKR's short interest is below its peer group average of 3.21%.
November 22, 2023 | 3:30 pm
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KKR & Co's short interest has decreased, which may suggest a more bullish sentiment among investors. The stock may see less downward pressure from short sellers.
A decrease in short interest typically indicates that investors are less bearish on a stock, which could lead to less selling pressure and potentially a rise in the stock price. However, short interest is just one of many factors that can affect stock prices, and the article does not guarantee a price rise.
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