Peering Into US Foods Hldg's Recent Short Interest
Portfolio Pulse from Benzinga Insights
US Foods Hldg (NYSE: USFD) has seen an 8.82% increase in its short percent of float, now at 2.59% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 4.51%.
July 05, 2024 | 3:15 pm
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US Foods Hldg has experienced an 8.82% increase in short interest, now at 2.59% of its float. This rise in short interest suggests growing bearish sentiment among investors. However, the company's short interest remains below the peer group average of 4.51%.
The increase in short interest indicates that more investors are betting against US Foods Hldg, which could put downward pressure on the stock price in the short term. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100