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Looking Into Philip Morris International Inc's Recent Short Interest

Philip Morris International Inc

Philip Morris International Inc's (NYSE:PM) short percent of float has fallen 15.49% since its last report. The company recently reported that it has 9.27 million shares sold short, which is 0.6% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.4 days to cover their short positions on average.

Why Short Interest Matters

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