for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

NYSE short interest fell 0.2 percent in late August

Traders wear masks as they work on the floor of the New York Stock Exchange in response to the outbreak of the coronavirus disease (COVID19) in the Manhattan borough of New York, U.S., May 27, 2020. REUTERS/Lucas Jackson

NEW YORK, Sept 10 (Reuters) - Short interest on the New York Stock Exchange fell 0.2 percent in late August, the exchange said on Thursday.

As of Aug. 31, short interest fell to about 14.175 billion shares, compared with 14.205 billion shares as of Aug. 14.

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.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up