Peering Into General Mills's Recent Short Interest
Portfolio Pulse from Benzinga Insights
General Mills's short interest has decreased by 4.81%, with 16.54 million shares sold short, representing 2.97% of its float. This is lower than its peers' average short interest of 4.31%.
August 21, 2024 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
General Mills's short interest has decreased by 4.81%, indicating a potential shift in market sentiment. The current short interest is 2.97% of its float, which is lower than the peer average of 4.31%.
The decrease in short interest suggests a potential shift towards a more bullish sentiment among investors. With short interest lower than its peers, this could indicate relative strength or confidence in General Mills compared to its industry counterparts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100