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A passerby pushes past 'From the Ground Up,' the new book by Howard Schultz. Photo: Spencer Platt/Getty Images

Former Starbucks Chairman Howard Schultz's "60 Minutes" interview and a recent New York City book event to promote an expected presidential run have short sellers lining up to bet on the company's fall.

What's happening: Short sellers added 2.5 million shares, or 6.78%, to bets against Starbucks over the last week. Short interest is now $2.7 billion, with 39.21 million shares shorted, according to data firm S3 Partners.

  • "We are seeing continued active short selling ... in response to the Schultz announcement," Ihor Dusaniwsky, S3 Partners' managing director of predictive analytics, said Thursday.

Starbucks continues to be most shorted stock in S3's restaurant sector, making up almost half the total increase of the sector's short interest.

Still standing: Despite its growing popularity, betting against Starbucks has not been a profitable trade. The stock rose 1.14% over the last week and shorting the stock has been the second most unprofitable short behind Chipotle Mexican Grill with $167 million of losses this year.

Yes, but: Dusaniwsky points out that even without Schultz's antics, Starbucks is fighting an uphill battle. Same store sales growth has been lagging and the large size of the company, coupled with saturation of the product makes continuing to exceed analysts’ growth and revenue targets a difficult task.

  • "Increased stock buybacks and dividend growth are an attractive carrot for long shareholders, but unless international growth kicks into high gear, Starbucks' valuation relative to its sector brethren may seem like paying Venti prices for a Grande product."

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Rep. Rice demands Cuomo resign after 3rd woman accuses him of misconduct

New York Gov. Andrew Cuomo during a February news conference in New York City. Photo: Seth Wenig/POOL/AFP via Getty Images

Rep. Kathleen Rice (D-N.Y.) on Monday evening called for New York Gov. Andrew Cuomo (D) to resign, after a third woman accused him of inappropriate behavior.

Driving the news: Anna Ruch, a former member of the Obama administration and the 2020 Biden campaign, told the New York Times Monday that Cuomo asked to kiss her at a New York City wedding reception in September 2019.

Scoop: Inside the GOP's plan to retake the House

House Minority Leader Kevin McCarthy. Photo: Elijah Nouvelage/Bloomberg via Getty Images

House Republicans will reclaim their majority in 2022 by offering candidates who are women, minorities or veterans, a memo obtained by Axios says.

Why it matters: The document, drafted by a super PAC blessed by House Minority Leader Kevin McCarthy, names top Democrats to target — Jared Golden of Maine, Matt Cartwright of Pennsylvania and Ron Kind of Wisconsin — and the type of Republican candidates to beat them.

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Scoop: Trump talked out of early Ohio endorsement

Jane Timken at a 2017 Trump rally. Photo: Kyle Mazza/NurPhoto via Getty Images

Donald Trump had to be talked out of making an early endorsement in Ohio's 2022 U.S. Senate race, a sign of his eagerness to reengage politically, people familiar with the conversations tell Axios.

What we're hearing: The former president discussed endorsing former state GOP chair Jane Timken last week during a meeting at Mar-a-Lago with RNC Chairwoman Ronna McDaniel, but top advisers — including Donald Trump Jr. — urged him to wait.