How Is The Market Feeling About Mondelez International?
Portfolio Pulse from Benzinga Insights
Mondelez International's short interest has decreased by 13.76%, with 12.54 million shares sold short, representing 0.94% of its float. This is lower than its peers' average short interest of 4.31%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 04, 2024 | 2:30 pm
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Mondelez International's short interest has decreased by 13.76%, with 12.54 million shares sold short, representing 0.94% of its float. This is lower than its peers' average short interest of 4.31%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Mondelez International, which could lead to a positive short-term impact on the stock price. Additionally, the company's short interest is significantly lower than its peers, which may further support a bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100