How Is The Market Feeling About Yum China Holdings?
Portfolio Pulse from Benzinga Insights
Yum China Holdings (NYSE:YUMC) has seen a 38.35% increase in its short percent of float, now at 3.68%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 11.07%.
October 14, 2024 | 5:30 pm
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Yum China Holdings has experienced a significant increase in short interest, rising by 38.35% to 3.68% of its float. This suggests a growing bearish sentiment among investors, although its short interest remains below the peer average of 11.07%.
The increase in short interest indicates a rise in bearish sentiment towards Yum China Holdings, which could lead to downward pressure on the stock price. However, the short interest is still below the peer average, which may mitigate the impact.
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