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Peering Into Teladoc Health Inc's Recent Short Interest

Teladoc Health Inc NYSE

Teladoc Health Inc's (NYSE:TDOC) short percent of float has risen 4.9% since its last report. The company recently reported that it has 21.53 million shares sold short, which is 14.55% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.1 days to cover their short positions on average.

Why Short Interest Matters

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