Nomad Foods Limited ( NYSE:NOMD – Get Rating ) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,680,000 shares, a decline of 13.0% from the March 31st total of 1,930,000 shares. Based on an average daily volume of 593,400 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.2% of the shares of the company are sold short. Hedge Funds Weigh In On Nomad Foods Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

https://www.dailypolitical.com/2023/04/28/short-interest-in-nomad-foods-limited-nysenomd-declines-by-13-0.html

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