Forestar Group Inc (NYSE:FOR) Just Reported Increased Shorts

Forestar Group Inc. (NYSE:FOR) Logo

The stock of Forestar Group Inc (NYSE:FOR) registered an increase of 5.66% in short interest. FOR’s total short interest was 507,800 shares in December as published by FINRA. Its up 5.66% from 480,600 shares, reported previously. With 24,400 shares average volume, it will take short sellers 21 days to cover their FOR’s short positions. The short interest to Forestar Group Inc’s float is 7.47%.

The stock decreased 2.67% or $0.4 during the last trading session, reaching $14.57. About 49,813 shares traded. Forestar Group Inc. (NYSE:FOR) has risen 44.80% since December 8, 2017 and is uptrending. It has outperformed by 29.18% the S&P500.

Forestar Group Inc. operates as a real estate company. The company has market cap of $611.21 million. The firm engages in the acquisition, entitlement, development, and sale of real estate, primarily residential and mixed-use communities. It has a 6.66 P/E ratio. It also sells commercial tracts; residential lots primarily to homebuilders; undeveloped land through its retail sales programs, as well as operates commercial real estate and income producing properties, such as a hotel and multifamily properties.

More notable recent Forestar Group Inc. (NYSE:FOR) news were published by: 247Wallst.com which released: “Bets Against Walmart’s Holiday Prospects Continue – 24/7 Wall St.” on December 08, 2018, also Fool.com with their article: “Why Don’t More Pot Stocks List on the NYSE or Nasdaq? – Motley Fool” published on November 27, 2018, Seekingalpha.com published: “Is It Time To Pick Up ArcelorMittal Again? – Seeking Alpha” on December 08, 2018. More interesting news about Forestar Group Inc. (NYSE:FOR) were released by: Seekingalpha.com and their article: “The Key Driver For AT&T Returns In 2019 – Seeking Alpha” published on December 08, 2018 as well as Seekingalpha.com‘s news article titled: “Thor Industries: Recreational Vehicle Duopoly Leader On Sale – Seeking Alpha” with publication date: December 07, 2018.

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