How Is The Market Feeling About H&R Block?
Portfolio Pulse from Benzinga Insights
H&R Block's short interest has increased by 3.2%, with 10.97% of its shares sold short, indicating a bearish sentiment compared to its peers. It would take traders 6.61 days to cover their short positions.
October 25, 2024 | 1:00 pm
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NEGATIVE IMPACT
H&R Block's short interest has increased to 10.97%, indicating a bearish sentiment. It takes 6.61 days to cover short positions, which is higher than its peers' average short interest of 4.50%.
The increase in short interest to 10.97% suggests that investors are bearish on H&R Block compared to its peers, which have an average short interest of 4.50%. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100