Banco Bradesco S.A.
NYSEBBD short interest fell 26.5% over one week to 45.2 million shares as of June 16, though it remains up 112% month-over-month. Cost to borrow dropped to 0.36%, down 24% weekly. Utilization stands minimal at 0.33%.
Three distinct signals converged on BBD this week. Short interest exploded, options traders turned notably bullish, and the borrow market remained wide open. The combination tells an unusual story. Estimated short…
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