iQIYI, Inc. ( NASDAQ:IQ – Get Rating ) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 41,760,000 shares, an increase of 25.0% from the May 15th total of 33,400,000 shares. Based on an average daily trading volume, of 10,920,000 shares, the short-interest ratio is currently 3.8 days. Currently, 8.2% of the shares of the company are sold short. Hedge Funds Weigh In On iQIYI Large investors have recently modified their holdings of the business.

https://www.dailypolitical.com/2023/06/17/iqiyi-inc-nasdaqiq-sees-large-growth-in-short-interest.html

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