How Is The Market Feeling About Hershey?
Portfolio Pulse from Benzinga Insights
Hershey's (NYSE:HSY) short percent of float has fallen 5.52% since its last report, with 4.07 million shares sold short, which is 3.08% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Hershey's short interest is less than its peer group average of 5.43%.
July 07, 2023 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Decrease in short interest could indicate a more bullish sentiment towards Hershey's stock. However, it doesn't necessarily mean the stock will rise in the near term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. However, it doesn't necessarily mean the stock will rise in the near term. Hershey's short interest is less than its peer group average, which could be a positive sign.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100