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W.W. Grainger's short interest fell 10.6%, but Q4 earnings missed expectations, maintaining a "Hold" rating.
W.W. Grainger, a major distributor of industrial products, saw a 10.6% drop in short interest in January, with 1,350,000 shares now shorted.
Despite institutional investors increasing their holdings, the company's Q4 earnings of $9.71 per share slightly missed expectations.
Grainger has a dividend yield of 0.80% and a "Hold" rating from analysts with a price target of $1,148.56.
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El interés corto de W.W. Grainger cayó un 10,6%, pero las ganancias del Q4 fallaron las expectativas, manteniendo una calificación de "retención".