Darden Restaurants Inc. Slips to 251st in Trading Volume with $326 Million in Shares Traded

On May 19, 2025, Darden Restaurants Inc. (DRI) experienced a significant decline in trading volume, with a total of $326 million in shares traded, marking a 33.26% decrease from the previous day. This decline placed Darden at the 251st position in terms of trading volume for the day. The stock price of Darden Restaurants Inc. (DRI) fell by 1.38%.

Darden Restaurants Inc. reported its third-quarter results on March 20, 2025, which led to a notable increase in its stock price. Despite missing Wall Street's earnings per share (EPS) expectations by a narrow margin, the company's adjusted EPS of $2.80 was slightly below the anticipated $2.81. This news contributed to a more than 5% increase in DRI shares on the day of the announcement.

In April 2025, Darden Restaurants Inc. saw a substantial rise in short interest, indicating a growing number of investors betting against the stock. As of April 15, the short interest in Darden's shares had increased significantly, reflecting a shift in market sentiment towards the company.

Darden Restaurants Inc. has been actively managing its share count, with a decline in outstanding shares from November 2024 to February 2025. This reduction suggests that the company has been engaged in share buybacks, a strategy aimed at increasing shareholder value by decreasing the number of shares outstanding.