A look at Taylor Morrison Home’s recent short interests – Taylor Morrison Home (NYSE:TMHC)

Taylor Morrison Homes TMHC The short percentage of the float has increased by 28.16% since the last report. The company recently reported that it 2.68 million shares sold shortThis represents 3.55% of all common shares available for trading. Based on trading volume Traders would need an average of 3.57 days to cover their short positions.

Why short interest is important

Short interest is the number of shares that are sold short but have not yet been covered or closed out. Short selling is the sale of shares of a company that it does not own in the hope that the price will fall. Traders make money by short selling when the price of the stock falls and they lose money when it rises.

Tracking short interest is important because it can serve as an indicator of market sentiment toward a particular stock. An increase in short interest can be a sign that investors have become more pessimistic, while a decrease in short interest can be a sign that they have become more optimistic.

See also: List of most shorted stocks

Taylor Morrison Home Short Interest Graph (3 months)

As you can see from the chart above, the percentage of Taylor Morrison Home shares sold short has increased since the last report. This doesn’t mean the stock will fall anytime soon, but traders should be aware that more shares are being sold short.

Comparison of Taylor Morrison Home’s short interests with those of other companies

Comparison with other companies is a popular way for analysts and investors to measure a company’s performance. A comparable company is another company that has similar characteristics to the other, such as industry, size, age and financial structure. You can find a company’s peer group by reading its Form 10-K or proxy filing, or by conducting your own similarity analysis.

According to Benzinga Pro, Taylor Morrison Home’s peer group average for short interest as a percentage of float is 5.44%, meaning the company fewer Short interest than most of its competitors.

Did you know that rising short interest actually bullish for a share? This post from Benzinga Money explains how you can profit.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.