Central Securities Corporation (NYSEAMERICAN:CET) Short Interest Down 38.8% in August

Key Points

• Central Securities Corporation experienced a 38.8% decrease in short interest in August, with short interest falling to 22,200 shares.
• The company's current days-to-cover ratio is 1.2 days based on an average daily volume of 18,400 shares.
• As of mid-day trading on Monday, Central Securities stock was priced at $50.66, with a fifty-two week high of $51.16 and a low of $40.24.

Central Securities Corporation (NYSEAMERICAN:CET - Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 22,200 shares, a decline of 38.8% from the August 15th total of 36,300 shares. Currently, 0.1% of the company's shares are short sold. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.1% of the company's shares are short sold.

Central Securities Trading Down 0.2%

Shares of NYSEAMERICAN CET traded down $0.10 during midday trading on Friday, hitting $50.99. 11,520 shares of the stock traded hands, compared to its average volume of 22,159. Central Securities has a one year low of $40.24 and a one year high of $51.26. The business has a 50 day moving average price of $49.39 and a two-hundred day moving average price of $46.89.

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.