Peering Into Mondelez International’s Recent Short Interest – Mondelez International (NASDAQ:MDLZ)
Mondelez International’s short percent of float has experienced a 9.8% increase since its last report. The company disclosed that 15.21 million shares have been sold short, accounting for 1.12% of all regular shares available for trading. Traders, based on the current trading volume, would require an average of 3.02 days to cover their short positions.
Understanding the significance of Short Interest
Short interest refers to the number of shares that have been sold short but not yet covered or closed out. Short selling occurs when traders sell shares of a company they do not own, hoping that the price will decline. Traders profit from short selling if the stock price falls, but suffer a loss if it rises.
Monitoring short interest is important as it can serve as an indicator of market sentiment towards a particular stock. An increase in short interest may indicate a more bearish outlook from investors, while a decrease in short interest may suggest a more bullish perspective.
Analyzing Mondelez International’s Short Interest in Comparison to its Peers
Peer comparison is a widely-used method among analysts and investors to assess a company’s performance. Peers are companies that share similar characteristics such as industry, size, age, and financial structure. To identify a company’s peer group, one can refer to its 10-K, proxy filing, or conduct a similarity analysis.
According to Benzinga Pro, Mondelez International’s average short interest as a percentage of float is 4.59% within its peer group. This means that the company has less short interest compared to most of its peers.
It is worth noting that increasing short interest can potentially be viewed as bullish for a stock. Benzinga Money has published a post explaining how investors can profit from this situation.
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Mondelez International’s Short Interest Rises as Traders Take Bearish Stance
Mondelez International has witnessed a 9.8% increase in its short percent of float since its previous report, indicating a growing number of traders selling shares they do not own. Currently, the company has disclosed 15.21 million shares sold short, accounting for 1.12% of all regular shares available for trading. It would take an average of 3.02 days for traders to cover their short positions based on the current trading volume.
Short interest, which refers to the number of shares sold short but not yet covered, provides insights into market sentiment regarding a specific stock. The rise in Mondelez International’s short interest suggests a potentially more bearish outlook among investors.
While an increase in short interest may not guarantee an immediate decline in stock price, it is important for traders to be aware of this trend. Monitoring short interest can help investors gauge market sentiment and make informed decisions accordingly.
When comparing Mondelez International’s short interest against its peers, the company’s performance appears relatively favorable. According to Benzinga Pro, Mondelez International’s average short interest as a percentage of float stands at 4.59% within its peer group. This indicates that the company has less short interest compared to most of its peers.
As traders navigate the market, it is noteworthy that increasing short interest can also be viewed as a bullish signal for a stock. Benzinga Money has outlined strategies through which investors can profit from this situation, providing further insight into the potential implications of short interest.
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