Peering Into Yum China Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Yum China Holdings (NYSE:YUMC) has seen a 9.58% decrease in its short percent of float, now at 2.36% of all regular shares available for trading. This is lower than the peer group average of 10.38%. It would take traders 4.4 days to cover their short positions on average.
August 09, 2024 | 8:15 pm
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Yum China Holdings has experienced a 9.58% decrease in short interest, now at 2.36% of float, which is lower than its peers' average of 10.38%.
The decrease in short interest suggests a more bullish sentiment among investors compared to previous periods. Additionally, Yum China Holdings has a lower short interest percentage than its peers, which could indicate relative strength and potentially positive price movement in the short term.
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