How Is The Market Feeling About Anheuser-Busch InBev?
Portfolio Pulse from Benzinga Insights
Anheuser-Busch InBev (NYSE:BUD) has seen an 18.18% increase in short interest since the last report, with 4.45 million shares sold short, representing 0.26% of available shares. It would take about 3.74 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, BUD's short interest is below its peer group average of 5.36%. This suggests less bearish sentiment compared to its peers, and sometimes increasing short interest can be a bullish sign.
December 13, 2023 | 8:30 pm
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Anheuser-Busch InBev's short interest has increased, but remains below the peer group average, potentially indicating less bearish sentiment among investors compared to its peers.
The increase in short interest for BUD suggests that some investors are bearish, but the fact that it's below the peer average could mitigate the negative impact. Moreover, sometimes an increase in short interest can lead to a short squeeze, which is bullish. The score is neutral due to these opposing potential outcomes.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100