(YUM) - Analyzing Yum Brands's Short Interest
Portfolio Pulse from Benzinga Insights
Yum Brands's (NYSE:YUM) short interest has decreased by 12.39% since the last report, with 5.37 million shares sold short, representing 1.91% of its float. This decrease in short interest could indicate a more bullish sentiment towards YUM. Compared to its peers, YUM has a significantly lower short interest percentage of float, with an average of 9.86% among its peers.
March 21, 2024 | 5:45 pm
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Yum Brands's short interest has decreased, indicating a potential increase in bullish sentiment among investors. This could suggest a positive short-term impact on YUM's stock price.
A decrease in short interest typically indicates that investors are becoming more optimistic about a stock's future performance. For YUM, this reduction suggests that the market sentiment is improving, which could lead to a short-term increase in its stock price. Additionally, YUM's lower short interest compared to its peers highlights its relative strength in the market.
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RELEVANCE 90