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Maker of Refrigerated Pet Food Set to Report Q4 Results Tuesday

July 21, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer says he’s keeping an eye on Freshpet Tuesday as the natural and organic pet food maker reports fourth quarter results after the close. Cramer says Freshpet is the most heavily shorted stock he follows. He says he typically doesn’t look at short positions, but when they’re north of 50 percent, that says to him that someone really believes this thing is going to fall apart. If there’s something wrong that we don’t know about, then we’ll find out what the shorts are doing. But Cramer says he’s following this company because the CEO has a history of flipping companies and making a lot of money for people.

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