Short interest in Comcast Corp has jumped in recent weeks as some investors bet that the rise in the cable company’s shares following its NBC Universal deal has reached a peak. Short positions in Comcast rose 24 percent — or 10.6 million shares — in the two weeks to December 15, making the company the third-biggest increase in short interest on Nasdaq.
This comes after the shares gained as much as 18 percent after Comcast announced its deal on December 3 to take a 51 percent stake in NBC Universal. Comcast would spend around $6.5 billion in cash and contribute cable networks worth $7.25 billion.
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