Short Interest in Nasdaq Global Market Securities Declines, Signaling Potential Bullish Trend
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- Short interest in Nasdaq Global Market securities decreased from 11,973,515,318 shares to 11,857,580,215 shares: This reduction indicates a slight decrease in bearish sentiment among investors as of November 29, 2024.
- Overall short interest in all Nasdaq securities fell from 14,018,513,224 shares to 13,910,340,087 shares: This decline suggests a marginally improved market sentiment for Nasdaq stocks, including NDAQ.
- Average daily volume of short interest decreased slightly: This change further supports the notion of a short-term bullish trend for Nasdaq stocks.
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