Looking Into Conagra Brands's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Conagra Brands (NYSE:CAG) has seen a 26.46% decrease in its short percent of float, now at 3.14%. This is lower than its peers' average of 4.89%. The reduced short interest may indicate a more bullish sentiment among investors.
October 30, 2024 | 3:00 pm
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Conagra Brands has experienced a significant decrease in short interest, which may suggest a shift towards a more bullish sentiment among investors. Its short interest is now below the average of its peers.
The decrease in short interest by 26.46% suggests that fewer investors are betting against Conagra Brands, which could indicate a more positive outlook on the stock. Additionally, its short interest is lower than the peer average, further supporting a potential bullish sentiment.
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