Five Below, Inc. (NASDAQ:FIVE) Short Interest Down 25.2% in March

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Five Below, Inc. (NASDAQ:FIVE) experienced a 25.2% decline in short interest in March, decreasing to 1.6 million shares. This comes after the specialty retailer beat March quarter earnings estimates with $4.31 EPS and $1.73 billion in revenue, leading several firms to raise price targets. While insiders have been selling shares, institutional investors significantly increased their holdings, indicating a mix of profit-taking and strong accumulation.

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