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Analyzing American Express's Short Interest

American Express

American Express's (NYSE:AXP) short percent of float has risen 11.11% since its last report. The company recently reported that it has 9.77 million shares sold short, which is 1.3% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.0 days to cover their short positions on average.

Why Short Interest Matters

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