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Short interest in Bloomin' Brands dropped 30% in March, despite analysts maintaining a "Hold" rating.
Bloomin' Brands, Inc. (NASDAQ:BLMN), a company operating restaurant chains like Outback Steakhouse, saw its short interest drop by about 30% in March, with 7,360,000 shares now shorted.
Despite a recent low stock price of $7.70, analysts have a "Hold" rating and a target price of $14.50.
The company's market cap is $629.34 million, with a debt-to-equity ratio of 4.46.
Recent developments include a CFO selling shares and an investor buying shares, indicating mixed sentiment.
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El corto interés en Bloomin' Brands cayó un 30% en marzo, a pesar de que los analistas mantienen una calificación de "Retención".