2023-04-02 17:36
The Kraft Heinz Company (NASDAQ:KHC) Sees Large Drop in Short Interest
The Kraft Heinz Company ( NASDAQ:KHC – Get Rating ) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 15,620,000 shares, a decline of 11.0% from the February 28th total of 17,550,000 shares. Currently, 1.4% of the company's shares are short sold. Based on an average daily trading volume, of 6,690,000 shares, the days-to-cover ratio is currently 2.3 days. Wall Street Analysts Forecast Growth Several research analysts recently commented on KHC shares.
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