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NTRI - Question on verbage
I read the following about Nutrisystem (NTRI):
"With 34.21 million shares outstanding and 14.17 million shares declared short as of September 2007, the failure to deliver in shares of NTRI has not been resolved and a buy-in is imminent."
Can someone explain what the above means, please? What do they mean by sold short and a buy-in?
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