Kellanova's short interest spiked 28%, despite strong Q3 earnings and a "Hold" analyst consensus.

Kellanova's short interest surged by 28% in December, reaching 6.82 million shares. Despite mixed analyst ratings and a "Hold" consensus with a target price of $76.35, the company reported strong Q3 earnings, beating estimates by $0.06 per share. Kellanova, known for its snacks and convenience foods, has a dividend yield of 2.79% and a market cap of $28.17 billion.

2 months ago
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