Hain Celestial's short interest rose 13.2% in October, while its stock price fell to $8.73.

The Hain Celestial Group, Inc. (NASDAQ: HAIN) reported a 13.2% increase in short interest in October, reaching nearly 6 million shares. On the same day, the stock price decreased slightly to $8.73, with a trading volume of over 700,000 shares. The company’s recent earnings report showed a net margin of -4.32% and revenue of $419 million, slightly exceeding analyst estimates. Predictions for this year's earnings per share stand at 0.48.

October 31, 2024
3 Articles