What’s Next for Mondelez International Class A (NASDAQ:MDLZ) After Having More Shares Shorted?

February 15, 2018 - By Peter Erickson

 What's Next for Mondelez International Class A (NASDAQ:MDLZ) After Having More Shares Shorted?

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.15, from 0.99 in 2017Q2. It worsened, 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.
Argi Invest Llc has 5,479 shares. Zweig, a Alabama-based fund reported 135,254 shares. Utd Fincl Advisers Llc has invested 0.13% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Monetary Management Gru reported 10,994 shares stake. Synovus holds 165,298 shares or 0.13% of its portfolio. Compton Cap Management Ri reported 12,993 shares stake. 41,019 are held by Bahl & Gaynor. Beach Investment Counsel Pa invested in 0.04% or 10,200 shares. Berkshire Hathaway invested in 0.01% or 578,000 shares. Highlander Capital Mgmt Limited Liability Com invested 0.17% in Mondelez International, Inc. (NASDAQ:MDLZ). Geode Capital Management Lc has invested 0.23% in Mondelez International, Inc. (NASDAQ:MDLZ). Aldebaran Financial Inc stated it has 5,752 shares or 0.16% of all its holdings. Ent Serv has 0.1% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 5,026 shares. The Massachusetts-based Ngam Advisors Limited Partnership has invested 0.06% in Mondelez International, Inc. (NASDAQ:MDLZ). Oregon Pub Employees Retirement Fund reported 163,300 shares.

Since September 12, 2017, it had 0 insider purchases, and 1 sale for $286,580 activity.

The stock of Mondelez International Class A (NASDAQ:MDLZ) registered an increase of 7.63% in short interest. MDLZ’s total short interest was 14.52M shares in February as published by FINRA. Its up 7.63% from 13.49 million shares, reported previously. With 6.87M shares average volume, it will take short sellers 2 days to cover their MDLZ’s short positions.

The stock increased 2.30% or $0.99 during the last trading session, reaching $43.95. About 6.09 million shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has risen 5.69% since February 15, 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 $65.37 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 23.01 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. RBC Capital Markets maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Friday, July 31 with “Outperform” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, August 8 report. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, February 4 report. Canaccord Genuity upgraded the shares of MDLZ in report on Thursday, February 4 to “Buy” rating. The firm has “Hold” rating by Deutsche Bank given on Thursday, November 10. On Wednesday, August 2 the stock rating was maintained by Susquehanna with “Hold”. On Monday, October 23 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Buy” rating given on Friday, October 13 by UBS. The company was maintained on Monday, September 18 by Piper Jaffray. The firm has “Overweight” rating by PiperJaffray given on Tuesday, July 25.

More notable recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Seekingalpha.com which released: “Organic sales solid for Mondelez International” on January 31, 2018, also Seekingalpha.com with their article: “Peltz steps down from Mondelez board” published on February 13, 2018, Bloomberg.com published: “Time for Mondelez to Eat or Be Eaten” on February 01, 2018. More interesting news about Mondelez International, Inc. (NASDAQ:MDLZ) were released by: Investorplace.com and their article: “3 Stocks to Watch on Thursday: Mondelez International Inc (MDLZ), Paypal …” published on February 01, 2018 as well as Reuters.com‘s news article titled: “Mondelez International Inc expected to post earnings of 56 cents a share – summary” with publication date: January 29, 2018.

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