Short Interest in Magna International Inc. (NYSE:MGA) Expands By 48.9%
MarketBeat
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 15,870,000 shares, a growth of 48.9% from the April 30th total of 10,660,000 shares. Approximately 6.0% of the company's stock are short sold. Based on an average daily volume of 2,200,000 shares, the short-interest ratio is currently 7.2 days.
NYSE:MGA