Looking Into Campbell Soup's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Campbell Soup (NYSE:CPB) has seen a 4.07% increase in its short percent of float, now at 8.96% of all regular shares available for trading. This is higher than the peer group average of 3.97%. It would take traders 8.61 days to cover their short positions on average.
June 06, 2024 | 8:45 pm
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Campbell Soup's short interest has increased by 4.07%, now at 8.96% of float, indicating bearish sentiment. This is higher than the peer group average of 3.97%.
The increase in short interest suggests that investors are becoming more bearish on Campbell Soup. This could lead to downward pressure on the stock price in the short term.
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