Looking Into PulteGroup's Recent Short Interest
Portfolio Pulse from Benzinga Insights
PulteGroup's short interest has decreased by 13.55%, with 6.74 million shares sold short, representing 4.21% of its float. This is lower than the peer average of 5.77%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 23, 2024 | 2:00 pm
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PulteGroup's short interest has decreased by 13.55%, with 6.74 million shares sold short, representing 4.21% of its float. This is lower than the peer average of 5.77%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on PulteGroup, which could lead to a positive short-term impact on the stock price. Additionally, PulteGroup's short interest is below the peer average, further supporting a potential bullish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100