The Kraft Heinz Company (NASDAQ:KHC) Shorted Shares Rose By 13.58%

The Kraft Heinz Company (NASDAQ:KHC) Corporate Logo

The Kraft Heinz Company (NASDAQ:KHC) recorded an increase of 13.58% in shorted shares. In February was issued KHC’s total 27.01 million shorted shares by FINRA. That’s 13.58% up from 23.78M shares. 3 days will cost KHC with 7.87 million average volume to recover its previous position. 4.34% is The Kraft Heinz Company float short.

KHC is reaching $34.66 during the last trading session, after decreased 0.84%.The Kraft Heinz Company is downtrending after having declined 39.18% since February 25, 2018. KHC has 10.90 million volume or 23.25% up from normal. The stock underperformed the S&P500 by 39.18%.

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally.The company has $42.26 billion market cap. The Company’s products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products.4.1 is the P/E ratio. The firm offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Classico, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Golden Circle, Wattie's, Glucon D, and Complan names.

The Kraft Heinz Company (NASDAQ:KHC) Ratings Coverage

In total 12 analysts cover Kraft Heinz (NASDAQ:KHC). “Buy” rating has 1, “Sell” are 3, while 8 are “Hold”. (NASDAQ:KHC) has 8% bullish analysts. 15 are the (NASDAQ:KHC)’s ratings reports on Feb 25, 2019 according to StockzIntelligence Inc. The stock rating was downgraded by J.P. Morgan to “Hold” on Friday, February 22. On Monday, November 5 BMO Capital Markets maintained the shares of KHC in report with “Market Perform” rating. On Friday, February 22 the firm earned “Hold” rating by Barclays Capital. In Friday, February 22 report JP Morgan downgraded the stock to “Neutral” rating. The stock rating was maintained by Credit Suisse with “Sell” on Friday, February 22. In Monday, September 17 report Morgan Stanley reinitiated it with “Underweight” rating and $52 target. On Friday, February 22 UBS downgraded The Kraft Heinz Company (NASDAQ:KHC) to “Neutral” rating. On Tuesday, February 5 the stock of The Kraft Heinz Company (NASDAQ:KHC) has “Hold” rating given by Deutsche Bank. On Friday, February 22 PiperJaffray downgraded The Kraft Heinz Company (NASDAQ:KHC) rating. PiperJaffray has “Neutral” rating and $42 target. On Friday, November 2 the firm earned “Negative” rating by Susquehanna.

For more The Kraft Heinz Company (NASDAQ:KHC) news published recently go to: Fool.com, Nasdaq.com, Benzinga.com, Businesswire.com or Seekingalpha.com. The titles are as follows: “3 Reasons to Buy Kraft Heinz Stock, 1 Reason to Sell – The Motley Fool” published on May 16, 2018, “Kraft Heinz (KHC) Stock Sinks As Market Gains: What You Should Know – Nasdaq” on February 11, 2019, “Berkshire (NYSE:BRK-A)(NYSE:BRK-B) CEO Warren Buffett Acknowledges Overpaying For Kraft (NASDAQ:KHC) – Benzinga” with a publish date: February 25, 2019, “EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against The Kraft Heinz Company – KHC – Business Wire” and the last “The Kraft Heinz Company: Here To Stay – Seeking Alpha” with publication date: July 23, 2018.

The Kraft Heinz Company (NASDAQ:KHC) Analyst Ratings Chart

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