Nasdaq short interest falls in early December

NEW YORK, Dec 27 (BestGrowthStock) – Short interest on the Nasdaq
fell in in the first half of December, the exchange said on
Monday.

Through Dec. 15, short interest dipped 3.1 percent to 6.53
billion shares, compared with 6.73 billion shares as of Nov.
30.

Investors who sell securities short seek to profit from a
decline in stock prices. They borrow shares and then sell them
in hope of buying them back later at a cheaper price, pocketing
the difference.
(Reporting by Ryan Vlastelica; Editing by Dan Grebler)

Nasdaq short interest falls in early December