Kenvue Inc. (NYSE:KVUE) Short Interest Update

Kenvue Inc. (NYSE:KVUE – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 45,130,000 shares, an increase of 9.6% from the September 15th total of 41,180,000 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily volume of 16,210,000 shares, the short-interest ratio is presently 2.8 days.

Penumbra (NYSE:PEN) PT Raised to $235.00

Penumbra (NYSE:PEN – Get Free Report) had its price objective hoisted by stock analysts at Canaccord Genuity Group from $176.00 to $235.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 14.91% from the company’s current price.

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