Looking Into Freshpet's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Freshpet's (NYSE:FRPT) short percent of float has increased by 5.34%, with 12.43% of its shares sold short. This is significantly higher than its peers' average of 3.71%. It would take traders 14.76 days to cover their short positions.
May 24, 2024 | 3:45 pm
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Freshpet's short interest has risen by 5.34%, now at 12.43% of float, significantly higher than its peers' average of 3.71%. This indicates increased bearish sentiment among investors.
The significant increase in short interest suggests that investors are becoming more bearish on Freshpet. This could lead to downward pressure on the stock price in the short term.
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