Gerdau S.A. (NYSE:GGB) Short Interest Up 54.2% in July
MarketBeat
Gerdau S.A. (NYSE:GGB - Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 36,620,373 shares, a growth of 54.2% from the July 15th total of 23,746,851 shares. Approximately 1.8% of the company's stock are short sold. Based on an average daily trading volume, of 14,337,053 shares, the days-to-cover ratio is presently 2.6 days.
NYSE:GGB
