<p>NEW YORK, March 11 (Reuters) - Short interest on the Nasdaq rose 0.3% in the second half of February, the exchange said on Monday. As of Feb. 29, short interest rose to about 12.78 billion shares, compared with 12.738 billion shares as of Feb. 15. Investors who sell securities ‘short’ borrow shares and then sell them, expecting the stock to fall so they can buy the shares back at the lower price, return them to the lender and pocket the difference. Shorting can also be part of a hedging strategy. (U.S. markets team)</p>

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<p>Nasdaq reported a 0.3% increase in short interest during late February, with short interest reaching approximately 12.78 billion shares. Shorting involves borrowing and selling shares in anticipation of a price decrease. This information falls under the category of business-related information.</p>

Nasdaq short interest up 0.3% in late February