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Looking Into Wells Fargo & Company's Recent Short Interest

Wells Fargo Company NYSE

Wells Fargo & Company's (NYSE:WFC) short percent of float has fallen 6.42% since its last report. The company recently reported that it has 38.74 million shares sold short, which is 1.02% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.2 days to cover their short positions on average.

Why Short Interest Matters

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