(KSS) - Analyzing Kohl's's Short Interest
Portfolio Pulse from Benzinga Insights
Kohl's (NYSE:KSS) has seen a 4.82% increase in its short percent of float, now at 51.14%. This indicates a bearish sentiment among investors. It would take traders 8.49 days to cover their short positions. Kohl's short interest is significantly higher than its peers, whose average is 9.12%.
July 26, 2024 | 8:45 pm
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Kohl's has seen a significant increase in short interest, now at 51.14% of its float. This suggests a bearish sentiment among investors, which could lead to increased volatility in the stock price.
The increase in short interest to 51.14% suggests that a large number of investors are betting against the stock, which typically indicates bearish sentiment. This could lead to increased volatility and potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100