Magna International Inc. (NYSE:MGA) Sees Significant Drop in Short Interest
MarketBeat
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 8,450,000 shares, a drop of 46.8% from the May 15th total of 15,870,000 shares. Based on an average daily trading volume, of 2,090,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 3.2% of the shares of the stock are short sold.
NYSE:MGA
