(KKR) - Analyzing KKR's Short Interest
Portfolio Pulse from Benzinga Insights
KKR's short interest has increased by 15.29% since the last report, with 6.54 million shares sold short, representing 0.98% of available shares. This increase in short interest can indicate a bearish market sentiment towards KKR, although it has less short interest compared to its peers, with an average of 2.47% in the peer group. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.
March 28, 2024 | 1:15 pm
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KKR's short interest has increased, indicating a bearish market sentiment but still below peer average.
The increase in short interest suggests that investors are becoming more bearish on KKR, potentially leading to a short-term negative impact on its stock price. However, being below the peer average might mitigate some negative perceptions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90