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NYSE short interest rose 2.2 percent in mid-September
September 27, 2017 / 7:16 PM / in 21 days

NYSE short interest rose 2.2 percent in mid-September

General view of the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 30, 2016. REUTERS/Stephen Yang

NEW YORK (Reuters) - Short interest on the New York Stock Exchange rose 2.2 percent in mid-September, the exchange said on Wednesday.

As of Sept. 15, short interest rose to about 17.087 billion shares, compared with 16.724 billion shares as of Aug. 31.

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.

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