Mondelez International

MDLZ

Mondelez International, Inc. (), often stylized as Mondelēz, is an American multinational confectionery, food, holding and beverage and snack food company consisting of former Kraft Foods Inc brands. Mondelez International consists of the renamed and rebranded division of former Kraft Foods global snack and food brands after the October 2012 spin-off by Kraft Foods Inc from its North American grocery-foods products. The Mondelez name is a coined word adopted in 2012 that is said to have been suggested by then Kraft Foods employees, and is derived from the Latin word mundus ("world") and delez, a fanciful modification of the word "delicious."The Mondelez International company manufactures chocolate, cookies, biscuits, gum, confectionery, and powdered beverages. Mondelez International's portfolio includes several billion-dollar components and includes cookie and cracker brands Belvita, Chips Ahoy!, Oreo, Ritz, TUC, Triscuit, LU, Club Social, Barny, and Peek Freans; chocolate brands Milka, Côte d'Or, Toblerone, Cadbury, Green & Black's, Freia, Marabou, Fry's, and Lacta; gum and cough drop brands Trident, Dentyne, Chiclets, Halls, and Stride; as well as Jell-O, Tate's Bake Shop and powdered beverage brand Tang. The company is based in Chicago, Illinois. The company has an annual revenue of about $26 billion and operates in approximately 160 countries. It ranked No. 117 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.Mondelez Canada holds the rights to Christie Brown and Company, which consists of brands such as Mr. Christie and Dad's Cookies.

Mondelez International has been a target of short sellers for a while. The current short interest of 2.52% is roughly at the average of the last 12 months (2.59%).