TIM S.A. Sponsored ADR (NYSE:TIMB) Short Interest Down 51.2% in September
MarketBeat
TIM S.A. Sponsored ADR (NYSE:TIMB - Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,020,000 shares, a decline of 51.2% from the August 31st total of 4,140,000 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 472,200 shares, the short-interest ratio is presently 4.3 days. Based on an average trading volume of 472,200 shares, the short-interest ratio is presently 4.3 days. Approximately 0.4% of the shares of the stock are sold short.
NYSE:TIMB
