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Frontline plc sees rise in short interest, mixed analyst ratings amid missed earnings.
Frontline plc saw a 10.3% rise in short interest in December, with 6,080,000 shares shorted.
Analysts have given mixed ratings from "hold" to "strong buy," with a consensus of "moderate buy" and a target price of $24.03.
The company, which operates 70 vessels for oil transportation, reported EPS of $0.34, missing the estimate by $0.05.
Institutional investors own 22.7% of the stock.
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Frontline plc ve un aumento en el interés corto, ratings de analistas mixtos en medio de ganancias perdidas.