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Marcus & Millichap, Inc. (NYSE:MMI) Sees Large Growth in Short Interest
Marcus & Millichap (NYSE:MMI) experienced a significant 39% increase in short interest in March, reaching 773,256 shares, which represents about 3.4% of the company’s float. Analysts currently have a “Sell” consensus rating on the stock with a target price of $28.00. The company recently announced a $0.25 dividend and its CEO sold shares, reducing his ownership significantly.