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Appian posts largest decline in short interest

Appian Corp. posted the largest decline in short interest relative to shares outstanding among SNL-covered financial services companies between Nov. 15 and Nov. 30.

The percentage of the company's shares held short relative to shares outstanding dropped 600 basis points to 8.42% as of Nov. 30.

U.S. Global Investors Inc. saw the greatest increase in short interest relative to shares outstanding among SNL-covered financial services companies between Nov. 15 and Nov. 30. The percentage of the company's shares held short relative to shares outstanding increased 571 basis points to 7.65% as of Nov. 30.

Diebold Nixdorf Inc. topped the list of most-shorted financial services companies during the period. The company saw short interest climb 51 basis points to 23.26% of shares outstanding.

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