Peering Into Keurig Dr Pepper's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Keurig Dr Pepper's short interest has decreased by 5.53%, with 21.72 million shares sold short, representing 2.05% of its float. This is lower than its peers' average short interest of 7.16%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 27, 2024 | 8:45 pm
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Keurig Dr Pepper's short interest has decreased by 5.53%, with 21.72 million shares sold short, representing 2.05% of its float. This is lower than its peers' average short interest of 7.16%. 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 Keurig Dr Pepper compared to before. With its short interest lower than the peer average, this could indicate a more positive outlook on the stock, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100