Chipotle Mexican Grill, Inc. (NYSE:CMG) Short Interest Up 19.6% in February

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Chipotle Mexican Grill (NYSE:CMG) saw a significant increase in short interest, rising by 19.6% to 36,521,145 shares as of February 13th, representing approximately 2.8% of its shares sold short with a days-to-cover ratio of 1.5 days. Despite this, analyst sentiment remains largely positive, with a “Moderate Buy” consensus rating and an average target price of $47.24, following multiple price target increases. Institutional investors, including Vanguard Group Inc. and Capital World Investors, also increased their stakes in the company, which recently beat quarterly earnings and revenue estimates.

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