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Robinhood Markets saw a rise in short interest despite a 50% jump in revenue to $927 million.
Robinhood Markets saw a 23.2% rise in short interest to 30.86 million shares in April.
The company reported earnings of $0.37 per share, missing expectations by $0.04, with revenue up 50% to $927 million compared to last year.
Analysts predict earnings of $1.35 per share for the year and have a "Moderate Buy" rating with a target price of $53.24.
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Robinhood Markets vio un aumento en el interés a corto a pesar de un salto del 50% en los ingresos a $ 927 millones.