Looking Into KBR's Recent Short Interest
Portfolio Pulse from Benzinga Insights
KBR's short interest has decreased by 11.11%, with 1.52 million shares sold short, representing 1.36% of its float. This is lower than its peers' average short interest of 2.75%. The decrease in short interest may indicate a more bullish sentiment towards KBR.
October 21, 2024 | 2:15 pm
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KBR's short interest has decreased by 11.11%, now at 1.36% of its float, which is lower than the peer average of 2.75%. This decrease may suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against KBR, which can be interpreted as a sign of increased confidence or bullish sentiment. Additionally, KBR's short interest is lower than its peers, further supporting a potentially positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100