As Of The Latest Settlement Date, It Would Take About Nine Days To Cover All Short Positions.

The share price has climbed about 42% in the past six months and closed most recently at $8.77. The stock hit a 52-week high of $9.65 late last month, well up from the 52-week low of Medical marijuana $2.53 almost a year ago. Alibaba Alibaba Group Holding Ltd. (NYSE: BABA) saw its short interest grow only a little more than 1% to nearly 115.53 million shares by the end of the month. That was on top of a 3% gain in the previous period, and it totaled 4.8% of the float most recently. As of the latest settlement date, it would take about nine days to cover all short positions. During the period, Alibaba reported better-than-expected quarterly results. Short sellers watched the share price jump about 8% and then pull back during the short interest period. The stock closed most recently at $103.34 a share, which is more than 17% higher since the beginning of the year.

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