American Express Company (NYSE:AXP) Short Interest Up 14.3% in February

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American Express (NYSE:AXP) experienced a significant 14.3% increase in short interest during February, reaching 9,850,572 shares. This rise suggests growing bearish sentiment, despite some analysts viewing AXP as a dip-buy opportunity due to resilient card spending and member growth. The stock is trading near $300, below its 50-day and 200-day moving averages, while analysts’ ratings are mixed with a consensus “Hold” and a target price of $354.86.

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