Peering Into Performance Food Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Performance Food Group (NYSE:PFGC) has seen a 13.78% increase in short interest, with 2.42 million shares sold short, representing 2.23% of its float. This is below the peer group average of 4.41%. The rise in short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.
October 31, 2024 | 5:15 pm
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Performance Food Group's short interest has increased by 13.78%, now at 2.23% of its float, which is below the peer average of 4.41%. This rise could indicate bearish sentiment, but it doesn't necessarily mean the stock price will fall.
The increase in short interest suggests a potential bearish sentiment among investors, but since PFGC's short interest is still below the peer average, the impact on stock price is uncertain. The market may not react negatively unless further bearish signals emerge.
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