Looking Into Tyson Foods's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Tyson Foods (NYSE:TSN) has seen a 12.55% decrease in short interest, now at 5.90 million shares or 2.37% of float, taking 2.45 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards TSN compared to its peers, where the average short interest is 4.53% of float.

February 07, 2024 | 6:45 pm
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Tyson Foods's short interest has decreased, indicating potentially more bullish sentiment towards the stock.
A decrease in short interest often suggests that investors are becoming more optimistic about a stock's future performance. Given that Tyson Foods's short interest is now significantly lower than its peer group average, this could imply a stronger bullish sentiment towards TSN in the short term. However, the impact on the stock price will also depend on broader market conditions and company performance.
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