Campbell Soup Company (NYSE:CPB) Short Interest Up 10.9% in December

Campbell Soup Company (NYSE:CPB - Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 16,220,000 shares, a growth of 10.9% from the December 15th total of 14,630,000 shares. Based on an average daily trading volume, of 2,430,000 shares, the short-interest ratio is presently 6.7 days. Currently, 8.3% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Campbell Soup from a "sell" rating to a "hold" rating in a report on Friday, September 27th.

Campbell Soup Trading Down 0.7 %

NYSE:CPB traded down $0.28 during trading hours on Monday, hitting $38.98. The company had a trading volume of 2,243,634 shares, compared to its average volume of 2,744,176. Campbell Soup has a 1 year low of $37.61 and a 1 year high of $52.81. The firm has a market capitalization of $11.62 billion, a P/E ratio of 21.30 and a beta of 0.19. The business's 50-day moving average price is $42.41.

Campbell Soup Company Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.