As of January 15, short interest rose to about
13.82 billion shares, compared to 13.42 billion shares as of
Investors who sell securities 'short' borrow shares and then
sell them, expecting the stock to fall so they can buy the
shares back at the lower price, return them to the lender and
pocket the difference.
Shorting is also used as a hedging strategy.
(Reporting by Rodrigo Campos;
editing by Chris Reese)
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