Looking Into D.R. Horton's Recent Short Interest
Portfolio Pulse from Benzinga Insights
D.R. Horton's (NYSE:DHI) short interest has decreased by 16.33% since the last report, with 4.31 million shares sold short, representing 1.64% of its float. The current short interest is below the peer group average of 5.00%. This decline in short interest could indicate a more bullish sentiment towards DHI among investors.
February 13, 2024 | 7:45 pm
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D.R. Horton's short interest has significantly decreased, indicating a potential bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more optimistic about a stock's future performance. Given that D.R. Horton's short interest is now significantly below its peer group average, this could be interpreted as a positive signal for the stock's short-term price movement.
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