Tyson Foods
TSN
Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas, that operates in the food industry. The company is the world's second largest processor and marketer of chicken, beef, and pork after JBS S.A. and annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.Tyson Foods has been involved in a number of controversies related to the environment and animal welfare. During the COVID-19 pandemic Tyson Foods did not implement recommended best practices to protect its workforce, including social distancing measures, plexiglass barriers and wearing of face masks. Initially, the company's president expressed resistance to company-wide testing. Later, they hired hundreds nurses and begin testing at all facilities.
Tyson Foods has been a target of short sellers for a while. The current short interest of 3.53% is roughly at the average of the last 12 months (3.35%).
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