How Is The Market Feeling About H&R Block?
Portfolio Pulse from Benzinga Insights
H&R Block's short interest has decreased by 4.57%, with 11.48% of its shares sold short. This is higher than its peers' average of 5.21%. The decrease in short interest may indicate a shift in market sentiment.
August 23, 2024 | 7:30 pm
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H&R Block's short interest has decreased by 4.57%, now at 11.48% of float, which is higher than its peers' average of 5.21%. This decrease may indicate a shift in market sentiment towards a more bullish outlook.
The decrease in short interest suggests that fewer investors are betting against H&R Block, which could indicate a more positive market sentiment. This is significant as the company's short interest is still higher than its peers, suggesting potential for a bullish trend if sentiment continues to improve.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100