Mondelez International Inc – Class A (NASDAQ:MDLZ) Short Interest Increased By 39.4%

March 21, 2018 - By Nellie Frank

 Mondelez International Inc   Class A (NASDAQ:MDLZ) Short Interest Increased By 39.4%

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.15, from 0.99 in 2017Q2. It is negative, as 78 investors sold Mondelez International, Inc. shares while 422 reduced holdings. 81 funds opened positions while 339 raised stakes. 1.08 billion shares or 2.31% less from 1.11 billion shares in 2017Q2 were reported.
Grandfield Dodd Lc invested 0.69% in Mondelez International, Inc. (NASDAQ:MDLZ). Golub Gru Lc invested in 648,110 shares. Independent Franchise Prtn Llp reported 8.88 million shares. Cognios Ltd Liability Com accumulated 0.88% or 53,396 shares. California Public Employees Retirement System reported 3.56M shares. Silvercrest Asset Mngmt Group Inc Lc, a New York-based fund reported 1.51 million shares. Eqis Capital Mngmt Incorporated reported 0.05% stake. Oakwood Mgmt Limited Liability Corporation Ca stated it has 1.01% in Mondelez International, Inc. (NASDAQ:MDLZ). Burke And Herbert Commercial Bank And invested in 0.45% or 12,137 shares. The Alabama-based Andra Ap has invested 0.15% in Mondelez International, Inc. (NASDAQ:MDLZ). Tompkins Corporation reported 662 shares. Sumitomo Life Insurance holds 0.28% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 53,617 shares. Jarislowsky Fraser Limited holds 846,965 shares or 0.21% of its portfolio. Lenox Wealth Advisors reported 9 shares. Baldwin Invest Management Lc accumulated 0.31% or 20,418 shares.

Since February 16, 2018, it had 2 insider purchases, and 3 insider sales for $1.03 billion activity. MAY PETER W sold 18.19 million shares worth $793.31M. 2,000 shares were bought by BUNCH CHARLES E, worth $87,800 on Friday, February 16. PELTZ NELSON had sold 6.52M shares worth $284.87 million.

The stock of Mondelez International Inc – Class A (NASDAQ:MDLZ) registered an increase of 39.4% in short interest. MDLZ’s total short interest was 14.16M shares in March as published by FINRA. Its up 39.4% from 10.16M shares, reported previously. With 8.50M shares average volume, it will take short sellers 2 days to cover their MDLZ’s short positions. The short interest to Mondelez International Inc – Class A’s float is 0.95%.

It closed at $42.35 lastly. It is down 5.69% since March 21, 2017 and is uptrending. It has underperformed by 11.01% the S&P500.

Mondelez International, Inc., through its subsidiaries, makes and markets snack food and beverage products worldwide. The company has market cap of $62.99 billion. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. It has a 22.17 P/E ratio. The companyÂ’s primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

Mondelez International, Inc. (NASDAQ:MDLZ) Ratings Coverage

Among 23 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 18 have Buy rating, 1 Sell and 4 Hold. Therefore 78% are positive. Mondelez International Inc had 61 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 31 by Piper Jaffray. Piper Jaffray maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Thursday, January 18 with “Buy” rating. BMO Capital Markets maintained the shares of MDLZ in report on Wednesday, June 14 with “Buy” rating. As per Monday, October 26, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, September 6 by BMO Capital Markets. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Overweight” rating given on Tuesday, July 25 by PiperJaffray. The company was maintained on Friday, July 7 by Stifel Nicolaus. RBC Capital Markets maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Friday, July 31 with “Outperform” rating. On Thursday, July 6 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was maintained on Monday, September 18 by Piper Jaffray.

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