Short Interest in Central Securities Co. (NYSEAMERICAN:CET) Grows By 314.3%

Central Securities Co. (NYSEAMERICAN:CET) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 8,700 shares, an increase of 314.3% from the July 31st total of 2,100 shares. Based on an average daily trading volume, of 24,900 shares, the days-to-cover ratio is presently 0.3 days.

Central Securities Price Performance

CET stock traded down $0.01 during mid-day trading on Tuesday, hitting $44.46. The stock had a trading volume of 7,347 shares, compared to its average volume of 31,477. Central Securities has a 52 week low of $34.58 and a 52 week high of $44.90.

Central Securities Company Profile

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.