(MDLZ) - Analyzing Mondelez International's Short Interest
Portfolio Pulse from Benzinga Insights
Mondelez International's (NYSE:MDLZ) short interest has decreased by 8.41% since the last report, with 13.38 million shares sold short, representing 0.98% of available shares. The average time to cover these short positions is 2.01 days. A decrease in short interest can indicate a more bullish sentiment towards the stock, although it does not necessarily predict a price rise. Mondelez has a lower short interest compared to its peer group average of 4.95%.
January 10, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mondelez International's short interest has decreased, which may suggest a more bullish sentiment among investors and could potentially lead to a short-term positive impact on the stock price.
A decrease in short interest typically indicates that investors are less bearish on a stock, which can lead to a positive impact on the stock price in the short term. However, the article also cautions that this does not guarantee a rise in the stock price. The confidence level is not at 100 because the market's reaction to changes in short interest can be unpredictable and influenced by many other factors.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 100