Will Pepsico Inc (NASDAQ:PEP) Run Out of Steam Soon? Short Interest is Up

August 9, 2018 - By Victoria Pittman

PepsiCo, Inc. (NASDAQ:PEP) Logo

Investors sentiment is 0.86 in 2018 Q1. Its the same as in 2017Q4. It is the same, as 67 investors sold PepsiCo, Inc. shares while 715 reduced holdings. only 119 funds opened positions while 550 raised stakes. 956.07 million shares or 0.28% less from 958.76 million shares in 2017Q4 were reported.
Blume Cap Management has invested 0.09% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Cap Fund Mgmt has invested 0.2% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Advisory Grp Inc holds 8,644 shares. Mariner Wealth stated it has 0.64% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). 19,667 are held by San Francisco Sentry Investment Gru (Ca). Kcm Advisors Ltd holds 76,430 shares or 0.51% of its portfolio. 38,285 were reported by Exchange Mgmt Inc. Ally Finance reported 0.52% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). 27,869 are owned by Ontario Teachers Pension Plan Board. Holderness Invs stated it has 0.51% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Twin Capital, a Pennsylvania-based fund reported 179,100 shares. Granite Ltd Limited Liability Company reported 0.67% stake. Smart Portfolios Ltd Company has invested 0.05% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Somerville Kurt F reported 1.28% stake. Bokf Na has 218,904 shares.

The stock of Pepsico Inc (NASDAQ:PEP) registered an increase of 5.12% in short interest. PEP’s total short interest was 7.90 million shares in August as published by FINRA. Its up 5.12% from 7.52 million shares, reported previously. With 5.74 million shares average volume, it will take short sellers 1 days to cover their PEP’s short positions. The short interest to Pepsico Inc’s float is 0.56%.

The stock increased 0.16% or $0.18 during the last trading session, reaching $113.67. About 1.44 million shares traded. PepsiCo, Inc. (NASDAQ:PEP) has declined 14.65% since August 9, 2017 and is downtrending. It has underperformed by 27.22% the S&P500.

PepsiCo, Inc. operates as a food and beverage firm worldwide. The company has market cap of $160.77 billion. The Company’s Frito-Lay North America segment offers LayÂ’s and Ruffles potato chips; Doritos, Tostitos, and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. It has a 35.4 P/E ratio. The companyÂ’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, CapÂ’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes.

More news for PepsiCo, Inc. (NASDAQ:PEP) were recently published by: Nasdaq.com, which released: “3 Big Stock Charts for Thursday: PepsiCo, American International Group and Hilton Hotels” on August 09, 2018. Benzinga.com‘s article titled: “The Legacy Of Outgoing PepsiCo CEO Indra Nooyi” and published on August 06, 2018 is yet another important article.

PepsiCo, Inc. (NASDAQ:PEP) Institutional Positions Chart

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