U.S. homebuilders saw average short interest decline 90 basis points between Nov. 15 and Nov. 30, reaching 7.32% of outstanding shares.

Beazer Homes USA Inc. saw the greatest decrease in short interest relative to shares outstanding among SNL-covered homebuilders between Nov. 15 and Nov. 30.

The percentage of the company's shares held short relative to shares outstanding fell 428 basis points to 11.46% as of Nov. 30.

D.R. Horton Inc. took the top spot on the list of homebuilders with the largest rises in short interest in the second half of November. The company saw short interest rise 3 basis points to 2.64% of shares outstanding at the end of the period.

LGI Homes Inc. topped the list of most shorted homebuilders during the period. The company saw short interest decline 30 basis points to 25.91% of shares outstanding.