The Kraft Heinz Co (NYSE: KHC) has seen a 22.07% increase in short interest since its last report, with 77.59 million shares now sold short, representing 9.07% of its float. This rise indicates a more bearish sentiment among investors, and the company’s short interest is higher than the average of its peer group. It would take traders an average of 4.03 days to cover their short positions.
Looking Into The Kraft Heinz Co's Recent Short Interest
The Kraft Heinz Co (NYSE: KHC) has seen a 22.07% increase in short interest since its last report, with 77.59 million shares now sold short, representing 9.07% of its float. This rise indicates a more bearish sentiment among investors, and the company’s short interest is higher than the average of its peer group. It would take traders an average of 4.03 days to cover their short positions.