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Looking Into Uber Technologies Inc's Recent Short Interest

Uber Technologies Inc NYSE

Uber Technologies Inc's (NYSE:UBER) short percent of float has risen 14.08% since its last report. The company recently reported that it has 82.76 million shares sold short, which is 4.7% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.5 days to cover their short positions on average.

Why Short Interest Matters

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