Short Interest in Commercial Metals Company (NYSE:CMC) Rises By 27.7%
MarketBeat
Commercial Metals Company (NYSE:CMC - Get Free Report) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 3,410,000 shares, a growth of 27.7% from the July 31st total of 2,670,000 shares. Approximately 3.1% of the company's shares are short sold. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is presently 3.4 days. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 3.1% of the company's shares are short sold.
NYSE:CMC
