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Benzinga

Business

Benzinga Insights

How Is The Market Feeling About MercadoLibre?

MercadoLibre's (NASDAQ:MELI) short percent of float has risen 47.09% since its last report. The company recently reported that it has 1.35 million shares sold short, which is 3.03% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.0 days to cover their short positions on average.

Why Short Interest Matters

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