Short Interest in Central Securities Corporation (NYSEAMERICAN:CET) Expands By 34.3%

Key Points

• Central Securities Corporation (NYSEAMERICAN:CET) experienced a **34.3% increase** in short interest during July, rising from 14,000 to 18,800 shares.
• The current **short-interest ratio** stands at **1.1 days**, based on an average daily trading volume of 17,700 shares.
• CET's stock price is **$49.64**, with a fifty-two week range between **$40.24 and $50.15**.

Central Securities Corporation (NYSEAMERICAN:CET - Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 18,800 shares, anincreaseof34.3% from the July 15th total of 14,000 shares. Approximately0.1% of the company's stock are sold short. Based on an average daily volume of 17,700 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 17,700 shares, the short-interest ratio is currently 1.1 days. Approximately0.1% of the company's stock are sold short.

Central Securities Trading Down 0.1%

CET stock traded down $0.03 during trading hours on Monday, reaching $49.93. 21,858 shares of the stock were exchanged, compared to its average volume of 20,948. The firm's 50-day simple moving average is $48.39. Central Securities has a 12 month low of $40.24 and a 12 month high of $50.55.

About Central Securities

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.