Short Interest in Newsmax Inc. (NYSE:NMAX) Rises By 61.2%
MarketBeat
Newsmax Inc. (NYSE:NMAX - Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,950,000 shares, an increase of 61.2% from the August 31st total of 1,210,000 shares. Approximately 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 860,300 shares, the short-interest ratio is presently 2.3 days. Based on an average daily trading volume, of 860,300 shares, the short-interest ratio is presently 2.3 days. Approximately 3.0% of the shares of the stock are short sold.
NYSE:NMAX
