Tenet Healthcare short interest decreases 10.9% — 4 takeaways

 
Dallas-based Tenet Healthcare’s stock in short interest decreased 10.93 percent, according to the Franklin Independent.

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Here are four takeaways:

1. In May, the Financial Industry Regulatory Authority published Tenet Healthcare’s total short interest as 9.53 million shares.

2. Against the S&P 500, Tenet Healthcare has underperformed by 23.52 percent.

3. Since Oct. 20, 2015, Tenet Healthcare shares have declined 20.58 percent and continue to downtrend.

4. Tenet Healthcare’s market cap is $2.92 billion.

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