Short Interest Update on ConAgra Foods (CAG)

ConAgra Foods (CAG) has 3,332,516 shares of shorts outstanding as on August 15, 2016, with 1 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 3,543,137 shares. The stock has a decent trading volume of 2,390,276 shares daily. The marginal decrease in the short positions is by -5.9%, which amounts to -210,621 shares. Short positions are 0.8% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.

ConAgra Foods (NYSE:CAG): The stock opened at $46.35 on Wednesday but the bulls could not build on the opening and the stock topped out at $46.38 for the day. The stock traded down to $45.99 during the day, due to lack of any buying support eventually closed down at $46.23 with a loss of -0.04% for the day. The stock had closed at $46.25 on the previous day. The total traded volume was 2,795,114 shares.


In a related news, The Securities and Exchange Commission has divulged that Wise Robert G, officer (SVP, Corporate Controller) of Conagra Foods Inc /De/, had unloaded 15,708 shares at an average price of $47.9 in a transaction dated on July 15, 2016. The total value of the transaction was worth $752,413.

ConAgra Foods, Inc. operates as a packaged food company. The Company offers branded and private branded food to households, as well as commercial food, which serve various restaurants and foodservice operations. Its brands include Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunts, Marie Callenders, Orville Redenbachers, PAM, Peter Pan, Reddi-wip, Slim Jim and Snack Pack, among others. The Company sells its products under private brand labels in grocery, convenience, mass merchandise, club and drug stores. The Company also supplies frozen potato and sweet potato products, as well as other vegetable, spice, bakery and grain products to restaurants, commercial and foodservice customers. It operates in three segments: Consumer Foods, Commercial Foods and Private Brands. It has international manufacturing facilities in Argentina, Canada and Mexico, and interests in ownership of international manufacturing facilities in India and Mexico.

Comments (0)

Leave a Reply

Your email address will not be published.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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.