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Short interest on iShares Home Construction ETF (BATS:ITB) hit an all-time high, but it's not...

Mar. 12, 2012 5:42 PM ETD.R. Horton, Inc. (DHI) StockTOL, PHM, NVR, DHI, LEN, ITBBy: Carl Surran, SA News Editor
Short interest on iShares Home Construction ETF (BATS:ITB) hit an all-time high, but it's not necessarily a cause for concern over the fund’s prospects. Contrarians sometimes view a jump in short interest as bullish, and for ITB, there’s precedent: a sharp rise through late Oct. 2009 helped start a six-month rally. ITB's top five holdings: DHI, LEN, TOL, PHM, NVR.

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