Seeking Alpha

Bets against Darden Restaurants pile up

  • Short interest in Darden Restaurants (DRI) is up 44% to rep more than 7% of all shares, tips Hedgeye's Howard Penney.
  • The jump in bearish bets shows the lack of faith in the company's plan to resurrect itself simply by freeing Red Lobster.
  • NASDAQ short interest count on DRI
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