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Benzinga
Benzinga
Business
Benzinga Insights

Peering Into Lyft's Recent Short Interest

Lyft

Lyft's (NASDAQ:LYFT) short percent of float has risen 7.94% since its last report. The company recently reported that it has 26.44 million shares sold short, which is 8.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.8 days to cover their short positions on average.

Why Short Interest Matters

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