Starbucks (SBUX) is the most crowded hedge fund targeted by short sellers?

We have recently published a list The most crowded hedge fund targeted by 15 short sellers. In this article, we will look at the place where Starbucks Corporation (Nasdaq) stands against the other crowded hedging fund targeted by short sellers.

Hedging funds are a significant significance signal within a fund. After all, if institutional investors support a company, it should be a good reason for it, isn’t it?

The same probability is interesting when it ends with a high short interest. Some investors have returned to success in the company, others also bet on its collapse. This contradiction is often monitored by investors because it can potentially lead to explosive actions on both sides.

For example, consider a scenario where a part of a foundation, which is a high short interest and high hedge fund. Since everyone is already in a hurry to get more popular exchange, short vendors triggered their positions and triggered a strong bull rally.

We decided to a short list, which is the most likely candidate for such a rally. To come to the list of 15 most crowded hedc fund shares targeting by short vendors, we only showed a short interest in at least 3% of the shares with a $ 1 billion-dollar market. Then we sort these shares according to the number of hedge funds with shares in their portfolio.

A barista, a cup in a noisy cafe by pouring fresh brewed coffee from an espresso machine.

Number of Hedge Foundators: 84

Short interest: 3.15%

Starbucks Corporation (NASDAQ: SBUX) is a marketers, roaster and coffee retailer. It operates in international, North America and channel development segments. The company’s shops offer tea, coffee, single service products, all roasted beans and underground coffee and various food products.

According to the last earnings report, the company fell short of expectations. Due to a 2% reduction in comparable transactions, global comparable store sales fell by 1%. However, the company managed to increase consolidated net income by 2.3%. Despite the goals, the new CEO of Starbucks (NASDAQ: SBUX) saw a little turning under Brian Niccol.

CEO brian pointed to the Niccol turn:

“Optimism is confident that our Starbucks plan is confident that it is a right strategy to open the backpack and unlock the front opportunities. We are on the power of our brand and partners. We are on the road and I see more opportunities than I imagine.”