May Short Interest in Homebuilders Up (XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYL)

Investing

Published: May 22, 2007 8:32 am

Stock Tickers: XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYL

The short interest for MAY 2007 is out. We noticed an increase in the number of shares in the May short interest in the beloved homebuilders, although there are some whose short interest actually fell. The SPDR Homebuilders ETF (XHB) saw its short interest rise from 19.724 million in April up to 20.233 million shares in May, or a 2.5% increase.

Here is the rest of the May short interest versus April:

STOCK (Ticker)             MAY07 APR07 Change
KB Home (KBH)             17.87M 17.62M 1.4%
DR Horton (DHI)             28.52M 25.01M 14%
Pulte Homes (PHM)    25.13M 23.23M 8.2%
Centex (CTX)                16.32M 15.19M 7.4%
NVR Inc. (NVR)             961K       928K    3.5%
MDC Hldgs. (MDC)       6.82M    6.08M    12%
Hovnanian (HOV)          17.52M 15.94M 9.9%
Beazer Homes (BZH) 15.97M 14.49M 10.1%

Drop
Lennar (LEN)                15.65M 15.9M -1.6%
Toll Brothers (TOL)       22.75M 23.09M -1.5%
Ryland (RYL)                   9.44M    10.7M -11.8%

Jon C. Ogg
May 22, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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