Cleveland-Cliffs Inc. (NYSE:CLF) Sees Significant Increase in Short Interest
MarketBeat
Cleveland-Cliffs Inc. (NYSE:CLF - Get Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 86,580,000 shares, a growth of 28.6% from the May 15th total of 67,320,000 shares. Approximately 17.8% of the shares of the company are short sold. Based on an average daily trading volume, of 28,800,000 shares, the days-to-cover ratio is presently 3.0 days.
NYSE:CLF