Kohl’s Corp. (NYSE:KSS) stock rose Thursday after the retailer reported better-than-expected first-quarter results, helped by stronger sales trends and improved merchandise execution.
High Short Interest Adds Volatility Potential
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The stock surged over 19%, as high short interest—exceeding 31% of the float—likely acted as a catalyst, amplifying buying pressure and accelerating the rally.
The company has a short float of 25.762 million shares, representing 31.97% of its publicly traded float, indicating a very high level of short interest among investors betting against the stock.
