Gildan Activewear, Inc. (NYSE:GIL) Sees Large Increase in Short Interest
MarketBeat
Gildan Activewear, Inc. (NYSE:GIL - Get Free Report) (TSE:GIL) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 5,080,000 shares, a growth of 55.8% from the August 15th total of 3,260,000 shares. Based on an average daily volume of 922,200 shares, the days-to-cover ratio is presently 5.5 days. Currently, 3.5% of the company's stock are sold short. Currently, 3.5% of the company's stock are sold short. Based on an average daily volume of 922,200 shares, the days-to-cover ratio is presently 5.5 days.
NYSE:GIL
