Short Interest Update on Campbell Soup Company (CPB)

Campbell Soup Company (CPB) has 9,630,095 shares of shorts outstanding as on August 15, 2016, with 7 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 10,882,361 shares. The stock has a decent trading volume of 1,473,854 shares daily. The marginal decrease in the short positions is by -11.5%, which amounts to -1,252,266 shares. Short positions are 5.4% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.

Campbell Soup Company (NYSE:CPB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.52 and $59.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $60.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $60.73, notching a gain of 0.46% for the day. The total traded volume was 1,497,110 . The stock had closed at $60.45 on the previous day.


In a related news, The Securities and Exchange Commission has divulged that Carolan Edward, officer (Senior Vice President) of Campbell Soup Co, had unloaded 5,000 shares at an average price of $61.93 in a transaction dated on March 4, 2016. The total value of the transaction was worth $309,650.

Campbell Soup Company manufactures and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products, such as V8 juices and beverages, and Campbells tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber. Its brands include Arnotts, Bolthouse Farms, Campbells, Garden Fresh Gourmet, Goldfish, Kjeldsens and Pace.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *