Peering Into JM Smucker's Recent Short Interest
Portfolio Pulse from Benzinga Insights
JM Smucker's short interest has decreased by 5.31%, with 4 million shares sold short, representing 4.46% of its float. This is higher than its peers' average of 4.24%. The decrease in short interest may indicate a more bullish sentiment.
August 26, 2024 | 5:45 pm
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JM Smucker's short interest has decreased by 5.31%, with 4 million shares sold short, representing 4.46% of its float. This is higher than its peers' average of 4.24%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although the short interest is still higher than its peers, the reduction could lead to a positive impact on the stock price as it indicates less bearish sentiment.
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