Short Sellers Exit eDreams Positions as Spanish Travel Company’s Rally Gains Momentum
The eDreams share price has risen roughly 40% so far this year after short sellers closed their short positions, adding credibility to the ongoing rally.
The eDreams share price has risen roughly 40% so far this year after short sellers closed their short positions, adding credibility to the ongoing rally.
eDreams stock jumped 37% as the company reported record results, recovering from a significant decline following a profit warning in November. The stock surge also coincided with short-selling position closures.