Apple Inc. (AAPL) stock is choking short-sellers after Goldman Sachs Group Inc (GS) boosted its price target 13%, pushing the iPhone maker’s shares to new highs again and again.

Apple Inc. Stock Keeps Rising, Putting A Chokehold On Short-Sellers (AAPL)Analysts and investors are practically salivating over the yet-to-be revealed iPhone 8/ iPhone X, and they lapped up Apple management’s comments about services revenue doubling over the next four years.

Meanwhile, short interest in Apple stock rises along with the share price as bears bide their time and try to wait out the growing pain.

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