How Is The Market Feeling About US Foods Hldg?
Portfolio Pulse from Benzinga Insights
US Foods Hldg (NYSE:USFD) has seen a decrease in its short percent of float by 11.82%, with 6.36 million shares sold short, representing 2.61% of its float. This is lower than its peers' average short interest of 4.57%.
August 30, 2024 | 3:15 pm
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US Foods Hldg's short interest has decreased by 11.82%, now at 2.61% of float, indicating a potentially more bullish sentiment compared to its peers.
The decrease in short interest suggests that investors are less bearish on US Foods Hldg, which could lead to a positive short-term impact on the stock price. The company's short interest is also lower than its peers, which may further support a bullish sentiment.
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