Short Interest in Steel Dynamics, Inc. (NASDAQ:STLD) Decreases By 25.2%
MarketBeat
Steel Dynamics, Inc. (NASDAQ:STLD - Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,260,000 shares, a drop of 25.2% from the August 15th total of 3,020,000 shares. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.6% of the shares of the stock are sold short. Currently, 1.6% of the shares of the stock are sold short. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is presently 1.7 days.
NASDAQ:STLD