Short sellers giving up on Twitter trade

Short sellers have been closing their bets against Twitter Inc so far in 2017, possibly frustrated by a lack of volatility in the social network's stock price. Following takeover talks in October that failed to lead to an acquisition of Twitter, the company's share price so far in 2017 is up about 3 percent, helped by a 1.2 percent rise on Monday. Short interest against Twitter has dropped by about a fifth so far in 2017 to $733 million, with short sellers who bought and sold in recent weeks inc