Mondelez International's (MDLZ) short interest has decreased to 1.18% of its float, with 15.93 million shares sold short. This represents a 6.35% drop since the last report, indicating a potential shift in market sentiment towards a more bullish outlook. The current short interest is significantly lower than the peer group average of 4.30%, suggesting Mondelez is performing well compared to its peers in terms of investor confidence.