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eBay Inc. Reports Decrease in Short Interest in December

January 03, 2025
eBay Inc., listed on NASDAQ under the ticker symbol EBAY, has seen a 6.2% decline in short interest during the month of December. Short interest refers to the number of shares being borrowed and sold by investors who believe that the stock price will fall. This decrease suggests that there is less pessimism surrounding the company's future performance. Insiders at eBay have also sold $3.3 million worth of shares recently, which could indicate hesitation or uncertainty among company insiders. For a professional opinion on the future movement of eBay's stock, consider consulting with Stocks Prognosis.
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