Short Interest in STMicroelectronics N.V. (NYSE:STM) Rises By 122.0%
MarketBeat
STMicroelectronics N.V. (NYSE:STM - Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 14,610,000 shares, an increase of 122.0% from the August 31st total of 6,580,000 shares. Currently, 1.6% of the company's shares are sold short. Based on an average daily volume of 7,290,000 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 7,290,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.6% of the company's shares are sold short.
NYSE:STM