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Benzinga

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Analyzing MercadoLibre's Short Interest

MercadoLibre's (NASDAQ:MELI) short percent of float has fallen 13.18% since its last report. The company recently reported that it has 1.00 million shares sold short, which is 2.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.6 days to cover their short positions on average.

Why Short Interest Matters

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