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Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) Short Interest Down 26.8% in January
Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) saw a significant decrease in short interest by 26.8% in January, dropping to 3,875,195 shares. The company reported strong quarterly earnings, beating analyst expectations with $2.93 EPS and $822.8 million in revenue. Analysts currently rate FUTU as a “Buy” with a consensus price target of $205.06, and institutional investors have recently increased their holdings.