(MDLZ) - Analyzing Mondelez International's Short Interest
Portfolio Pulse from Benzinga Insights
Mondelez International (NYSE:MDLZ) has seen a 5.71% increase in its short percent of float, now at 1.11% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.61%.
October 01, 2024 | 6:45 pm
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Mondelez International's short interest has increased by 5.71%, now representing 1.11% of its float. This suggests a rise in bearish sentiment, although it remains below the peer average of 4.61%.
The increase in short interest suggests that investors are becoming more bearish on Mondelez. However, since the short interest is still below the peer average, the impact may be limited. The short interest data indicates potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100