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Nasdaq short interest rises 2.4% to 22.585 billion shares at August 31

Nasdaq short interest rose 2.4% in late August, the exchange said on Thursday. As of August 31, short interest increased to about 22.585 billion shares from 22.048 billion shares as of August 14.

IXIC

4% in late August, according to the exchange on Thursday. 048 billion shares as of August 14. Investors who sell securities short borrow shares and then sell them, expecting the stock to fall.