(KBH) - Analyzing KB Home's Short Interest
Portfolio Pulse from Benzinga Insights
KB Home's short interest has decreased by 12.15%, with 6.17 million shares sold short, representing 13.02% of its float. This is higher than its peers' average of 5.39%. The decrease in short interest may indicate a more bullish sentiment.
September 26, 2024 | 8:00 pm
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KB Home's short interest has decreased by 12.15%, now at 13.02% of its float, which is higher than the peer average of 5.39%. This decrease may suggest a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against KB Home, which could indicate a more positive outlook. The fact that KB Home's short interest is still higher than its peers suggests that there is still significant bearish sentiment, but the reduction is a positive sign.
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IMPORTANCE 80
RELEVANCE 100