Facebook Short Interest Equals 4% of Free Float By Alexis Xydias - 2012-05-23T12:04:49Z Enlarge image Facebook Short Interest Is 4% of Free Float The Facebook Inc. logo is displayed at the Nasdaq MarketSite in New York. The Facebook Inc. logo is displayed at the Nasdaq MarketSite in New York. Photographer: Scott Eells/Bloomberg About 18 million Facebook Inc. (FB) shares are on loan, an indication of short-sellers’ interest, according to Data Explorers Ltd. The amount of stock borrowed equals 4.3 percent of the 421 million shares that are freely traded, the London- and New York- based research company said in an e-mail, citing settled trades as of May 22. The cost to borrow the stock is the most expensive level on the firm’s scale. Stock on ...
Continue reading →