How Is The Market Feeling About PepsiCo?
Portfolio Pulse from Benzinga Insights
PepsiCo's short interest has decreased by 3.68%, with 18 million shares sold short, representing 1.31% of its float. This is lower than the peer group average of 7.27%, indicating a relatively bullish sentiment towards PepsiCo compared to its peers.
October 09, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PepsiCo's short interest has decreased, indicating a more bullish sentiment compared to its peers. With only 1.31% of its float shorted, this is significantly lower than the peer average of 7.27%.
The decrease in short interest suggests that investors are less bearish on PepsiCo compared to its peers, which could lead to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100