Looking Into D.R. Horton's Recent Short Interest
Portfolio Pulse from Benzinga Insights
D.R. Horton's short interest has decreased by 7.32%, with 4.90 million shares sold short, representing 1.9% of its float. This is lower than the peer group average of 6.04%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 16, 2024 | 3:30 pm
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POSITIVE IMPACT
D.R. Horton's short interest has decreased by 7.32%, with 4.90 million shares sold short, representing 1.9% of its float. This is lower than the peer group average of 6.04%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against D.R. Horton, which could indicate a shift towards a more positive market sentiment. Additionally, the company's short interest is significantly lower than its peers, which may further support a bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100