Equinix, Inc. (NASDAQ:EQIX) Sees Large Drop in Short Interest

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Equinix, Inc. (NASDAQ:EQIX) experienced a significant 27.2% drop in short interest in February, reducing the total to 1,915,686 shares and giving a days-to-cover ratio of 2.7. Analysts maintain a generally bullish outlook, with several firms raising price targets and the company holding a “Moderate Buy” consensus. Despite recent insider selling, Equinix increased its quarterly dividend to $5.16 per share.

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