(HRB) - Analyzing H&R Block's Short Interest
Portfolio Pulse from Benzinga Insights
H&R Block's short interest has decreased by 5.05%, with 9.94 million shares sold short, representing 12.03% of its float. This is higher than the peer group average of 5.76%. It would take traders 10.57 days to cover their short positions.
August 05, 2024 | 6:15 pm
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H&R Block's short interest has decreased by 5.05%, now at 12.03% of its float. This is higher than the peer group average of 5.76%. It would take traders 10.57 days to cover their short positions.
The decrease in short interest suggests a more bullish sentiment among investors. However, the short interest is still higher than the peer average, indicating some level of bearish sentiment remains. Overall, the reduction in short interest is a positive sign for the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100