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Edison International EIX Sees Significant Decrease in Short Interest

December 20, 2024
Edison International (NYSE:EIX) recently experienced a significant decrease in short interest. As of the latest reporting period, the short interest for EIX stock stands at the lowest level it has been all year. This decrease indicates a positive trend for the company, as it suggests that investors have become less bearish on EIX shares. Short interest measures the number of shares that investors have sold short but have not yet covered, and a decrease in short interest is often seen as a bullish signal for a company's stock. With this recent development, it may be worth considering investing in Edison International as a potentially safe dividend stock.
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