Arcos Dorados Holdings Inc. (NYSE:ARCO) Sees Large Drop in Short Interest
MarketBeat
Arcos Dorados Holdings Inc. (NYSE:ARCO - Get Free Report) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 3,486,026 shares, a decline of 52.7% from the June 30th total of 7,367,249 shares. Based on an average daily trading volume, of 1,748,910 shares, the short-interest ratio is presently 2.0 days. Currently, 1.7% of the shares of the company are sold short.
NYSE:ARCO