Looking Into Kohl's's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Kohl's (NYSE:KSS) has seen a 6.92% decrease in its short percent of float, now at 43.88%. This indicates a potential shift in market sentiment as fewer shares are being shorted. Despite this, Kohl's still has a higher short interest compared to its peers, which average 8.20%.
November 01, 2024 | 2:45 pm
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Kohl's short interest has decreased by 6.92%, now at 43.88% of float, indicating a potential shift in market sentiment. However, it remains higher than its peers' average of 8.20%.
The decrease in short interest suggests a potential shift towards a more bullish sentiment among investors. However, the short interest remains significantly higher than its peers, indicating continued bearish sentiment. The high short interest could lead to a short squeeze if positive news emerges, potentially driving the stock price up in the short term.
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