Peering Into Yum Brands's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Yum Brands's (NYSE:YUM) short percent of float has risen 15.34% since its last report, with 5.68 million shares sold short, which is 2.03% of all regular shares available for trading. It would take traders 2.64 days to cover their short positions on average. The company's short interest is less than its peer group average of 8.88%.
July 13, 2023 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Yum Brands's short interest has increased, indicating a bearish sentiment among traders. However, its short interest is less than its peer group average.
An increase in short interest indicates that traders are expecting the stock price to fall. However, the fact that Yum Brands's short interest is less than its peer group average could mean that the bearish sentiment is not as strong compared to other similar companies.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100