15.5% rise in Fresh Del Monte's short interest in July; institutional investors increased holdings and Q earnings exceeded estimates by $0.46.
Fresh Del Monte Produce Inc. (NYSE:FDP) saw a 15.5% rise in short interest to 220,400 shares in July, with 0.6% of its total shares sold short and a short-interest ratio of 0.8 days. Institutional investors increased their holdings, including Allianz Asset Management GmbH, American Century Companies Inc., Vanguard Group Inc., Millennium Management LLC, and LSV Asset Management. FDP reported Q earnings of $1.06 per share, exceeding estimates by $0.46. The company announced a quarterly dividend of $0.25 per share, with an ex-dividend date on August 15th.
August 19, 2024
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