From MarketBeat:

Keurig Dr Pepper Inc. (NASDAQ: KDP) experienced a substantial drop in short interest in December. Short interest decreased by 21.5%, with 1.3% of the company’s shares now sold short. Insiders, including Monique Oxender and COO Timothy P. Cofer, have recently acquired significant shares. Institutional investors have also made recent changes to their positions. The company’s stock is down to $33.32. Keurig Dr Pepper recently reported strong quarterly earnings. The company will pay a quarterly dividend of $0.215 per share. Several analysts have issued ratings and price targets for the stock. Marketbeat.com reports the company currently has a “Moderate Buy” rating, with an average target price of $37.18. Keurig Dr Pepper operates as a beverage company in the United States and internationally. The company operates through four segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. It manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as specialty coffee. While Keurig Dr Pepper currently has a “Moderate Buy” rating among analysts, top-rated analysts believe there are other stocks that are better buys.



Read more: Keurig Dr Pepper Inc. (NASDAQ:KDP) Short Interest Down 21.5% in December