CPG空头头寸行业快照

osure information, and information regarding the status of non-US analysts on pages 16 - 21 of this report. Scott Marks *IEquity Analyst+1(212)778-80071smarks1@jefferies.comKaumil Gajrawala * I Equity Analyst+1 (212) 778-8937 | kgajrawala@jefferies.comAshley Helgans * I Equity Analyst(212) 336-7367Iahelgans@jefferies.com JefferiesU.S. Food SectorFigure 1 - Average short interest for food at 5.7%, +0.4 pp vs 2 weeks prior and +1.3 pp vs the 10 year average.8%7%6%10-YearAverage5%4%3%2%1%0%Figure 2 - BYND, BGS, and VITL posting the highest short interest, while MDLZ, MKC, and NOMD posting the lowest.45.0%.2%40.0%35.0%30.0%24.0%25.0%20.0%15.0%10.0%5.0%0.0%Please see important disclosure information on pages 16 - 21 of this report 16.3% JefferiesFigure 3 - CAG, BGS, and CPB saw the largest 2 week increases in short interest, while KLG, UTZ, and CVGW saw the largest decreases+4.0 pp+3.2 pp+3.0 pp+2.5 pp+2.0 pp+0.9 pp+1.0 pp+0.0 pp(1.0 pp)(2.0 pp)Figure 4 - BGS, VITL, and CAG saw the largest 3 month increases in short interest, while JJSF, OTLY, and BYND saw the largest decreases.+5.4 pp+6.0 pp+4.5 pp+5.0 pp+3.9 pp+4.0 pp+3.0 pp+2.0 pp+1.0 pp+0.0 pp(1.0 pp)(2.0 pp)(3.0 pp)CAGSource: Jefferies Research, FactSetPlease see important disclosure information on pages 16 - 21 of this report.his report is intended for Jefferies clients only.Unau JefferiesFigure 5 - Average days to cover stands at 3.6, +0.1 days vs 2 weeks prior and (2.3) days vs the 10 year average.10.09.010-YearAverage @5.38.07.06.05.04.03.02.01.00.055Figure 6 - OTLY, BYND, and KLG posting the highest days to cover, while SJM, NOMD, and BRBR posting the lowest.16.014.514.012.011.010.08.06.04.02.00.0Source: JefferiesPlease see important disclosure information on pages 16 - 21 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibitec JefferiesU.S. Beverage SectorFigure 7 - Average short interest for beverages at 6.5%, +0.2 pp vs 2 weeks prior and +0.3 pp vs the 10 year average16%14%12%10%10-YearAverage@ 6.3%8%6%4%2%0%Figure 8 - CELH, FIZZ, and COCO posting the highest short interest, while KDP, PEP, and KO posting the lowest.18.0%.6.5%16.0%14.0%12.0%10.0%8.0%6.0%4.0%2.0%0.0%CELHPlease see important disclosure information on pages 16 - 21 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibitec 13.7% JefferiesFigure 9 - SAM, TAP, and KDP saw the largest 2 week increases in short interest, while FIZZ, BF.B, and CELH saw the largest decreases+1.5 pp+1.0 pp+1.0 pp+0.5 pp+0.0 pp(0.5 pp)(1.0 pp)(1.5 pp)(2.0 pp)SAMFigure 10 - SAM, FIZZ, and CELH saw the largest 3 month increases in short interest, while KO, BF.B, and KDP saw the largest decreases.+3.0 pp+2.5 pp+2.5 pp+2.0 pp+1.5 pp+1.0 pp+0.5 pp+0.0 pp(0.5 pp)SAMSource: Jefferies Research,FactSetPlease see important disclosure information on pages 16 - 21 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibited JefferiesFigure 11 - Average days to cover stands at 4.4, (1.9) days vs 2 weeks prior and (1.1) days vs the 10 year average.16.014.012.010.010-Year Average @ 5.58.06.04.02.00.055Figure 12 - FIZZ, COCO, and BF.B posting the highest days to cover, while STZ, KO, and PEP posting the lowest.16.014.012.010.08.06.04.02.00.0ZIdPlease see important disclosure information on pages 16 - 21 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibited COCO JefferiesU.S. HPC SectorFigure 13 - Average short interest for HPC at 3.8%, +0.4 pp vs 2 weeks prior and (0.2 pp) vs the 10 year average.8%%L6%10-YearAverage@4.0%5%4%%2%1%0%Figure 14 - ENR, NWL, and EPC posting the highest short interest, while KMB, CL, and PG posting the lowest.%0'68.0%7.0%6.0%5.0%4.0%3.0%2.0%1.0%0.0%ENRPlease see important disclosure information on pages 16 - 21 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibitec JefferiesFigure 15 - CLX, ENR, and NWL saw the largest 2 week increases in short interest, while CL, KMB, and EPC saw the largest decreases.+1.5 pp+1.6 pp+1.4 pp+1.2 pp+1.0 pp+0.8 pp+0.6 pp+0.4 pp+0.2 pp+0.0 pp(0.2 pp)(0.4 pp)CLXearch, FactSetFigure 16 - ENR, CLX, and NWL saw the largest 3 month increases in short interest, while KMB, CL, and PG saw the largest decreases.+4.5 pp+3.8 pp+4.0 pp+3.5 pp+3.0 pp+2.5 pp+2.0 pp+1.5 pp+1.0 pp+0.5 pp+0.0 pp(0.5 pp)ENRSource: Jefferies Research, FactSetPlease see important disclosure information on pages 16 - 21 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibited JefferiesFigure 17 - Average days to cover stands at 2.7, (0.6) days vs 2 weeks prior and (2.5) days vs the 10 year average.12.010.08.06.04.02.00.05Figure 18 - ENR, CHD, and NWL posting the highest days to cover, while CL, KMB, and PG posting the lowest.4.54.03.53.02.52.01.51.00.50.0Please see important disclosure information on