Monster Beverage

MNST

Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012, and then sold their Hansen's juices and sodas and their other non-energy drink brands to The Coca-Cola Company in 2015. As of May 2012, Monster held nearly 35% of the $31.9 billion US energy drink market.

Monster Beverage has been a target of short sellers for a while. The current short interest of 4.48% is slightly above the average of the last 12 months (2.23%).