Short Interest in Gerdau S.A. (NYSE:GGB) Expands By 254.6%
MarketBeat
Gerdau S.A. (NYSE:GGB - Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 29,813,057 shares, a growth of 254.6% from the May 31st total of 8,407,063 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 18,828,183 shares, the short-interest ratio is presently 1.6 days.
NYSE:GGB