NEW YORK, Dec 24 (Reuters) – Brief curiosity on the New York Inventory Trade rose 2.4 % in mid-December, the change stated on Tuesday.
As of Dec. 13, brief curiosity rose to about 16.155 billion shares, in contrast with 15.784 billion shares as of Nov. 29.
Buyers who promote securities brief borrow shares after which promote them, anticipating the inventory to fall to allow them to purchase the shares again on the cheaper price, return them to the lender and pocket the distinction.
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