Peering Into KBR's Recent Short Interest
Portfolio Pulse from Benzinga Insights
KBR's short interest has decreased by 28.34%, with 1.98 million shares sold short, representing 1.77% of its float. This is lower than its peers' average short interest of 2.82%. The decrease in short interest may indicate a more bullish sentiment towards KBR.
September 11, 2024 | 1:30 pm
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KBR's short interest has decreased significantly, suggesting a potential shift in market sentiment towards a more bullish outlook. The company's short interest is now below the average of its peers, which could be a positive indicator for investors.
The decrease in short interest by 28.34% suggests that fewer investors are betting against KBR, which can be interpreted as a positive sign. Additionally, KBR's short interest is lower than the peer average, indicating a relatively more favorable market sentiment compared to its peers.
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