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Short interest in Glencore plummeted 44.5% in February, with its stock now rated "Strong Buy."
Glencore plc, a global mining and commodities firm, saw short interest drop by 44.5% in February, from 316,300 shares to 175,600 shares, marking 0% of its stock as currently short sold.
The company's stock, which rose $0.27 to $8.32 on March 15th, has a "Strong Buy" consensus rating.
Glencore is active in the production, refinement, and marketing of metals, minerals, and energy products worldwide.
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El corto interés en Glencore se desplomó 44,5% en febrero, con su stock ahora calificado como "Strong Buy".