Twitter Stock Run-Up Attracts Some Short Sellers

By | January 2, 2014

Scalper1 News

As microblogging network Twitter’s stock price climbed last month, the amount of short interest in the stock also rose — as some investors bet that the stock would reverse course. Most every stock attracts some short sellers, but Twitter’s short interest did jump. After Twitter’s (TWTR) Nov. 7 IPO, the stock wasn’t a “hot” one for short sellers, says Tim Smith, executive vice president of the Astec Analytics unit of financial services software Scalper1 News

Scalper1 News