tyb
Let's keep this in context….BUD has been driven up all year and the short interest is minimal plus they popped out a dividend of .75$ on monday morning and another one today payable on May 3rd and 4th so if this hasn't dropped it that much (it's nothing compared to it's YTD performance) it won't.
The dividend will make sure the big owners don't dump it becasue they want to be paid that Div
Cap #1 is 6 month chart
All in context
Cap #2 is reported short interest as of last month so certainly higher since this woke shit backfired on them.
https://www.marketbeat.com/stocks/NYSE/BUD/short-interest/
It basically did enough volume today to clear out it's reported short interest and prior to the bigger spike in volume starting this week it would have been about 4 days to cover that position.
When the FED stops rate hikes everything is going hyper (up) and the markets have anticipated that since the last FOMC meeting and what habbened today when the minutes said "no we're gonna keep cutting" dropped off into the close
aye over 60% of SP500 are those now crayness
Please add this >>18685717 to this >>18685349
Dividend payments and small reported short interest is/are going to help it no matter what is going on with it's marketing campaign fail
Thank you
chek't