Looking Into Meritage Homes's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Meritage Homes (NYSE:MTH) has seen a 3.31% decrease in its short percent of float, now at 3.8%. This is lower than its peers' average of 5.83%. The reduced short interest may indicate a more bullish sentiment among investors.
September 25, 2024 | 3:30 pm
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Meritage Homes has experienced a 3.31% decrease in short interest, now at 3.8% of float, which is below the peer average of 5.83%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Meritage Homes, which can be interpreted as a sign of increased confidence in the stock. Additionally, the short interest is lower than the peer average, further indicating a relatively positive sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100