General Electric stock drop attracts more short-sellers - S3 Partners
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NEW YORK (Reuters) - Betting against General Electric Co stock has increased in the last week as the stock has fallen following a report by fraud investigator Harry Markopolos that questioned the conglomerate's accounting, financial analytics firm S3 Partners said on Tuesday. Short sales, or bets that GE's stock price will fall, rose 13.5% to $14.3 million (£11.7 million) in the last week and 20.7% to $20.6 million in the last month, Ihor Dusaniwsky, managing director of predictive analytics..