V.F. Corporation (NYSE:VFC) shares are trading lower Monday. The stock has been in a downtrend over the past month despite gains at the end of September.
What To Know: V.F. Corporation stock is down 17.31% over the past month. The stock received a short boost at the end of September. The move may have been in sympathy with Nike, which gained after reporting first-quarter financial results. However, shares of V.F. Corporation continued their slide downward into October.
It is also worth noting that the stock has elevated levels of short interest, with 6.78% of shares currently sold short.
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VFC Price Action: Shares of VFC were down 3.54% at $15.68 at the time of publication, according to Benzinga Pro.
Image by Michal Jarmoluk from Pixabay
