Central Securities Corporation (NYSEAMERICAN:CET) Sees Significant Decrease in Short Interest

Central Securities Corporation (NYSEAMERICAN:CET) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,526 shares, a decline of 70.5% from the November 30th total of 5,176 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 32,172 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 32,172 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Central Securities Stock Down 0.3%

CET traded down $0.13 during midday trading on Friday, hitting $51.07. The company’s stock had a trading volume of 25,393 shares, compared to its average volume of 34,822. The firm has a 50-day moving average price of $50.41 and a two-hundred day moving average price of $49.72. Central Securities has a 52-week low of $40.24 and a 52-week high of $52.44.

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. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.