Short Interest in Central Securities Corporation (NYSEAMERICAN:CET) Expands By 76.3%

Central Securities Corporation (NYSEAMERICAN:CET) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 8,979 shares, an increase of 76.3% from the January 15th total of 5,092 shares. Based on an average trading volume of 44,737 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 44,737 shares, the days-to-cover ratio is currently 0.2 days.

Central Securities Stock Up 0.1%

Shares of CET traded up $0.03 during midday trading on Friday, hitting $51.51. 32,624 shares of the company traded hands, compared to its average volume of 50,256. The firm has a 50 day moving average of $51.43 and a 200-day moving average of $50.69. Central Securities has a 52 week low of $40.24 and a 52 week high of $52.95.

About Central Securities

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. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.