Kennametal Inc. (NYSE:KMT) Short Interest Up 58.0% in May
MarketBeat
Kennametal Inc. (NYSE:KMT - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,468,649 shares, an increase of 58.0% from the May 14th total of 2,828,653 shares. Currently, 5.9% of the company's stock are short sold. Based on an average trading volume of 1,474,998 shares, the short-interest ratio is currently 3.0 days.
NYSE:KMT