The Kraft Heinz Company

KHC

The Kraft Heinz Company (KHC), commonly known as Kraft Heinz, is an American food company formed by the merger of Kraft Foods and Heinz and is co-headquartered in Chicago, Illinois, and Pittsburgh, Pennsylvania. Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with $25.0 billion in annual sales as of 2019.In addition to Kraft and Heinz, over 20 other brands are part of the company's profile including Boca Burger; Gevalia; Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese, Planters, Primal Kitchen, and Wattie's of which eight have total individual sales of over $1 billion. Kraft Heinz ranked No. 114 in the 2018 Fortune 500 list of the largest United States corporations based on 2017 total revenue.

The Kraft Heinz Company has been a target of short sellers for a while. The current short interest of 8.22% is roughly at the average of the last 12 months (6.66%).