(INVH) - Analyzing Invitation Homes's Short Interest
Portfolio Pulse from Benzinga Insights
Invitation Homes (NYSE:INVH) has seen a 39.36% increase in short interest, with 15.02 million shares sold short, representing 3.47% of its float. This is higher than its peers' average of 2.38%. The rise in short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.
October 10, 2024 | 4:00 pm
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Invitation Homes has experienced a significant increase in short interest, now at 3.47% of its float, which is higher than its peers' average. This could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall.
The increase in short interest suggests that more investors are betting against the stock, which could indicate bearish sentiment. However, short interest alone doesn't guarantee a price drop, as it can also lead to a short squeeze if the stock price rises.
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