(CPB) - Analyzing Campbell Soup's Short Interest
Portfolio Pulse from Benzinga Insights
Campbell Soup's short interest has decreased by 6.47%, with 14.94 million shares sold short, representing 7.81% of its float. This is higher than its peers' average of 4.65%. The decrease in short interest may indicate a shift in market sentiment.
October 15, 2024 | 3:30 pm
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Campbell Soup's short interest has decreased by 6.47%, with 14.94 million shares sold short, representing 7.81% of its float. This is higher than its peers' average of 4.65%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards Campbell Soup, as fewer investors are betting against the stock. This could be seen as a bullish indicator, especially since the short interest is still higher than its peers, indicating room for further sentiment improvement.
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IMPORTANCE 80
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