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Eros International -12.9% after monthlong run

Sep. 21, 2017 10:06 AM ETEros Media World Plc (EMWPF) StockBy: Jason Aycock, SA News Editor7 Comments
  • Shorts may be back in charge of trading in Eros International (EROS), down 12.9% on relatively robust trading so far this morning.
  • Shares had climbed from $6.85 on Aug. 15 to $15.15 at yesterday's closing. Short percentage of float has climbed to about 52% of float.
  • The company this hour has dropped a release saying it's sealed a content aggregation deal with Dharma Productions, netting it licensing rights to two of Dharma's latest releases along with 11 catalog films. It has non-exclusive rights for the films in all territories outside India.

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