NYSE short interest rose 2.1 percent in late June
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Intercontinental Exchange, Inc. ICE | 0.00 |
NEW YORK, July 10 (Reuters) - Short interest on the New York Stock Exchange rose 2.1 percent in late June, the exchange said on Friday.
As of June 30, short interest rose to about 23.039 billion shares, compared with 22.565 billion shares as of June 15.
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.
As of June 30, short interest rose to about 23.039 billion shares, compared with 22.565 billion shares as of June 15.
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.