(INVH) - Analyzing Invitation Homes's Short Interest
Portfolio Pulse from Benzinga Insights
Invitation Homes (NYSE:INVH) has seen a decrease in short interest, now at 12.26 million shares or 2.83% of float, down 5.98% from the last report. It would take about 3.28 days to cover all short positions. A decrease in short interest can indicate more bullish sentiment towards the stock. INVH has a higher short interest compared to its peer group average of 2.01%.
February 14, 2024 | 8:15 pm
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Invitation Homes has experienced a decrease in short interest, indicating potentially more bullish sentiment among investors. With a short interest of 12.26 million shares, it stands above its peer group average.
A decrease in short interest typically indicates that investors are becoming more bullish on a stock. For INVH, this decrease places it above its peer average in short interest, suggesting a stronger bullish sentiment compared to its peers. This could lead to a short-term positive impact on the stock price as it reflects investor confidence.
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IMPORTANCE 75
RELEVANCE 100