Central Securities Co. (NYSEAMERICAN:CET) Sees Large Increase in Short Interest

Central Securities Co. (NYSEAMERICAN:CETGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 8,700 shares, an increase of 52.6% from the May 15th total of 5,700 shares. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is currently 0.3 days.

Central Securities Stock Performance

Shares of CET traded up $0.10 during mid-day trading on Friday, reaching $43.41. The company’s stock had a trading volume of 8,081 shares, compared to its average volume of 33,721. Central Securities has a 52 week low of $34.58 and a 52 week high of $44.14.

About Central Securities

(Get Free Report)

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.

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