VeriSign, Inc. (NASDAQ:VRSN) Sees Large Decline in Short Interest

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VeriSign, Inc. (NASDAQ:VRSN) experienced a significant 22.4% decrease in short interest in February, totaling 1,782,420 shares. The company recently reported earnings, missing consensus estimates slightly on EPS but exceeding revenue expectations, and also increased its quarterly dividend. Analysts currently rate the stock as a “Hold” with an average target price of $292.00, while insider selling has occurred over the last 90 days.

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