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Peering Into Best Buy CO Inc's Recent Short Interest

Best Buy Co Inc

Best Buy CO Inc's (NYSE:BBY) short percent of float has fallen 4.6% since its last report. The company recently reported that it has 12.95 million shares sold short, which is 6.02% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.9 days to cover their short positions on average.

Why Short Interest Matters

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