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

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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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.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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