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Consolidated Edison Inc. NYSE:ED Short Interest Up 97.9% in December

Published on January 5, 2025
According to recent reports, the short interest in Consolidated Edison Inc. (NYSE:ED) has seen a significant increase of 97.9% in December. This indicates that more investors are betting on the company's stock to decline in value. Consolidated Edison Inc., a leading energy company, provides electric, gas, and steam services to customers in New York City and Westchester County. The rise in short interest suggests growing concerns among investors regarding the stock's performance in the near future. If you are considering investing in Consolidated Edison Inc., it is advisable to seek professional advice for a better understanding of the stock's movement. The experts at Stocks Prognosis can provide you with accurate forecasts and guidance based on thorough analysis.
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