Central Securities Co. (NYSEAMERICAN:CET) Short Interest Up 193.8% in September

Central Securities Co. (NYSEAMERICAN:CET) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 9,400 shares, an increase of 193.8% from the August 31st total of 3,200 shares. Based on an average daily trading volume, of 30,700 shares, the days-to-cover ratio is currently 0.3 days.

Central Securities Price Performance

CET remained flat at $45.80 during trading on Friday. The company had a trading volume of 23,727 shares, compared to its average volume of 32,191. Central Securities has a 52-week low of $34.58 and a 52-week high of $46.20.

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.