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Apollo Global Management saw short interest rise, shares fell, yet institutional buy-in surged.
Apollo Global Management (APO) saw short interest rise by 20.7% in January to 36.7 million shares, with a 7-day cover ratio.
Shares fell $0.77 to $171.00 recently.
The company announced a quarterly dividend of $0.463 per share.
Institutional investors increased holdings, with some raising positions by over 800%.
Analysts at several firms issued positive reports, with "buy" ratings and increased target prices.
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Apollo Global Management vio un corto aumento de los intereses, las acciones cayeron, sin embargo, las compras institucionales aumentaron.