Short Interest in Central Securities Co. (NYSEAMERICAN:CET) Expands By 52.6%

Central Securities Co. (NYSEAMERICAN:CET) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 8,700 shares, an increase of 52.6% from the May 15th total of 5,700 shares. Based on an average daily trading volume, of 29,700 shares, the days-to-cover ratio is presently 0.3 days.

Central Securities Stock Performance

CET traded up $0.10 during trading hours on Friday, reaching $43.41. The company’s stock had a trading volume of 8,081 shares, compared to its average volume of 33,721. Central Securities has a 52 week low of $34.58 and a 52 week high of $44.14.

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.