The Wendy's Company (NASDAQ:WEN) Sees Significant Growth in Short Interest
MarketBeat
The Wendy's Company (NASDAQ:WEN - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 20,180,000 shares, agrowthof105.9% from the June 30th total of 9,800,000 shares. Approximately11.6% of the company's stock are short sold. Based on an average daily trading volume, of 6,320,000 shares, the days-to-cover ratio is presently 3.2 days. Based on an average daily trading volume, of 6,320,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately11.6% of the company's stock are short sold.
NASDAQ:WEN