Looking Into KKR's Recent Short Interest
Portfolio Pulse from Benzinga Insights
KKR's short interest has fallen by 26.53%, with 16.98 million shares sold short, representing 2.52% of its float. This is lower than the peer group average of 3.42%. The decrease in short interest may indicate a more bullish sentiment among investors.
August 02, 2024 | 6:45 pm
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KKR's short interest has decreased by 26.53%, now at 2.52% of its float, which is lower than the peer group average of 3.42%. This reduction in short interest may indicate a more bullish sentiment among investors.
The significant decrease in short interest suggests that fewer investors are betting against KKR, which can be interpreted as a positive signal for the stock. This could lead to a short-term price increase as market sentiment appears to be more bullish.
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