What's Going On With V.F. Corporation Stock Today?
Portfolio Pulse from Ryan Gustafson
V.F. Corporation (NYSE:VFC) shares are trading lower, down 17.31% over the past month despite a short boost at the end of September. The stock's downtrend may have been in sympathy with Nike's gains after reporting Q1 financial results. The stock also has elevated levels of short interest, with 6.78% of shares currently sold short.
October 09, 2023 | 7:00 pm
News sentiment analysis
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V.F. Corporation's stock is on a downtrend, down 17.31% over the past month. The stock has high levels of short interest, indicating a bearish sentiment among investors.
The stock has been on a downtrend over the past month, indicating a bearish sentiment among investors. The high levels of short interest, which is when investors sell shares they do not own in anticipation that the stock price will fall, further supports this bearish outlook.
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