Short Interest Report: What’s Next for Whole Foods Market Incorporated (NASDAQ:WFM) After Having More Shares Shorted?

November 21, 2016 - By Adrian Mccoy   ·   0 Comments

Short Interest Report: What's Next for Whole Foods Market Incorporated (NASDAQ:WFM) After Having More Shares Shorted?

The stock of Whole Foods Market Incorporated (NASDAQ:WFM) registered an increase of 3.66% in short interest. WFM’s total short interest was 33.67M shares in November as published by FINRA. Its up 3.66% from 32.49M shares, reported previously. With 6.63 million shares average volume, it will take short sellers 5 days to cover their WFM’s short positions. The short interest to Whole Foods Market Incorporated’s float is 10.67%. About 1.04 million shares traded hands. Whole Foods Market, Inc. (NASDAQ:WFM) has risen 2.41% since April 19, 2016 and is uptrending. It has underperformed by 1.45% the S&P500.

Whole Foods Market, Inc. is engaged in operating natural and organic foods supermarkets. The company has a market cap of $9.83 billion. The Company’s brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. It has a 19.89 P/E ratio. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom.

Whole Foods Market, Inc. (NASDAQ:WFM) Ratings Coverage

Out of 21 analysts covering Whole Foods Market Inc (NASDAQ:WFM), 6 rate it a “Buy”, 4 “Sell”, while 11 “Hold”. This means 29% are positive. Whole Foods Market Inc has been the topic of 38 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was maintained by Imperial Capital with “Outperform” on Friday, July 31. The rating was maintained by Credit Suisse with “Neutral” on Monday, March 14. The firm has “Sell” rating given on Wednesday, June 15 by Northcoast. The firm has “Neutral” rating given on Thursday, July 30 by Wedbush. The rating was upgraded by Credit Suisse to “Outperform” on Wednesday, June 1. The firm has “Underperform” rating by Cleveland given on Monday, October 26. The company was maintained on Tuesday, September 13 by Citigroup. The rating was maintained by Telsey Advisory Group with “Market Perform” on Thursday, July 30. As per Tuesday, August 18, the company rating was downgraded by TheStreet. Telsey Advisory Group maintained the shares of WFM in a report on Friday, July 24 with “Market Perform” rating.

WFM Company Profile

Whole Foods Market, Inc., incorporated on August 15, 1978, is engaged in operating natural and organic foods supermarkets. The Company’s brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom.

More notable recent Whole Foods Market, Inc. (NASDAQ:WFM) news were published by: Investorplace.com which released: “Whole Foods Market, Inc. (WFM) Stock Primed for Bulls” on November 21, 2016, also Wsj.com with their article: “John Mackey Will Be Sole CEO of Whole Foods Market” published on November 02, 2016, Investorplace.com published: “Whole Foods Market, Inc. (WFM) Stock Has Only One Chance At Survival” on November 15, 2016. More interesting news about Whole Foods Market, Inc. (NASDAQ:WFM) were released by: Fool.com and their article: “The Ginsu Knives Are Out for Whole Foods Market” published on November 13, 2016 as well as Bloomberg.com‘s news article titled: “Whole Foods Shareholder Said Planning Push for Changes, Sale” with publication date: November 04, 2016.

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By Adrian Mccoy


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