Short Interest in TIM S.A. Sponsored ADR (NYSE:TIMB) Drops By 55.7%
MarketBeat
TIM S.A. Sponsored ADR (NYSE:TIMB - Get Free Report) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,384,993 shares, a drop of 55.7% from the April 30th total of 3,127,979 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 552,669 shares, the short-interest ratio is currently 2.5 days.
NYSE:TIMB