(FRPT) - Analyzing Freshpet's Short Interest
Portfolio Pulse from Benzinga Insights
Freshpet (NYSE:FRPT) has seen a 4.79% increase in its short percent of float, now at 10.93% with 5.25 million shares sold short. This is higher than its peer group average of 4.13%. It would take traders 8.7 days to cover their short positions.
July 03, 2024 | 5:00 pm
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Freshpet's short percent of float has increased by 4.79%, now at 10.93%, indicating higher bearish sentiment compared to its peers. It would take traders 8.7 days to cover their short positions.
The increase in short interest suggests that more investors are betting against Freshpet, which could indicate bearish sentiment. This is further emphasized by the fact that Freshpet's short interest is significantly higher than its peers.
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