How Is The Market Feeling About TopBuild?
Portfolio Pulse from Benzinga Insights
TopBuild's short interest has decreased by 19.47%, with 732,000 shares sold short, representing 2.44% of its float. This is lower than its peers' average of 6.93%, indicating a more bullish sentiment towards TopBuild compared to its industry peers.
September 10, 2024 | 4:30 pm
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TopBuild's short interest has decreased significantly, indicating a more bullish sentiment compared to its peers. With only 2.44% of its float shorted, this is below the peer average of 6.93%.
The decrease in short interest suggests that investors are less bearish on TopBuild compared to its peers, which could lead to a positive short-term impact on its stock price. The lower short interest relative to peers indicates a more favorable market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100