Peering Into Campbell Soup's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Campbell Soup's short interest has decreased by 5.53%, with 18.01 million shares sold short, representing 9.4% of its float. This is higher than its peers' average of 3.93%. The decrease in short interest may indicate a more bullish sentiment.
September 03, 2024 | 5:15 pm
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Campbell Soup's short interest has decreased by 5.53%, with 18.01 million shares sold short, representing 9.4% of its float. This is higher than its peers' average of 3.93%. 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 peers, the reduction could lead to upward pressure on the stock price as fewer investors are betting against it.
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