How Is The Market Feeling About Kraft Heinz?
Portfolio Pulse from Benzinga Insights
Kraft Heinz's (NYSE:KHC) short percent of float has risen 10.2% since its last report, with 14.63 million shares sold short, which is 1.62% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Kraft Heinz's peer group average for short interest as a percentage of float is 4.64%, which means the company has less short interest than most of its peers.
September 06, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Kraft Heinz's short percent of float has risen 10.2%, indicating a bearish sentiment. However, it has less short interest than most of its peers.
The increase in short interest indicates that investors are expecting the price of Kraft Heinz's stock to fall. However, compared to its peers, Kraft Heinz has less short interest, which could mean that the bearish sentiment is not as strong as it seems.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100