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First Commonwealth Financial Corporation (NYSE:FCF) Short Interest Up 16.1% in February
First Commonwealth Financial Corporation (NYSE:FCF) saw a significant increase in short interest by 16.1% in February, totaling 2,204,460 shares, representing 2.2% of the stock. The company recently reported strong quarterly earnings, beating analyst expectations, and announced a new stock repurchase plan and a quarterly dividend of $0.135 per share. Analysts have a “Moderate Buy” consensus rating for FCF, with several research firms initiating or reaffirming positive coverage.