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

|By:, SA News Editor

Short interest on iShares Home Construction ETF (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.