Peering Into Coca-Cola Consolidated's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Coca-Cola Consolidated (NYSE:COKE) has seen a 4.82% increase in its short percent of float, now at 0.87%. This is lower than its peers' average of 7.33%. Short interest can indicate market sentiment, with higher short interest suggesting bearish views.
September 26, 2024 | 4:15 pm
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Coca-Cola Consolidated's short interest has increased to 0.87%, indicating a rise in bearish sentiment, though it remains below the peer average of 7.33%.
The increase in short interest suggests a rise in bearish sentiment towards Coca-Cola Consolidated. However, its short interest is still below the peer average, which may mitigate the negative impact. Investors should monitor for potential sentiment shifts.
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