According to a recent report, the short interest in AES (AES) fell 24.4% at the end of December 2016. The total shorted shares in the middle of December were 12 million compared to a short of 9 million on December 30, 2016. The fall in short interest indicates that fewer investors expect a downside in AES from its current levels.
Short interest gives the number of a company’s shares that have been sold short and haven’t been covered. The number also helps track investor sentiment.