Kenvue Inc. (NYSE:KVUE) Sees Significant Decrease in Short Interest

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Kenvue Inc. (NYSE:KVUE) experienced a substantial 29.3% decrease in short interest, bringing the total to 52,530,388 shares as of January 30th, resulting in a short-interest ratio of 0.9 days. This decline comes as Director Jeffrey C. Smith increased his stake by purchasing 3,200,000 shares. The company also declared a quarterly dividend of $0.2075, offering a 4.4% yield.

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