Short Interest in Central Securities Corporation (NYSEAMERICAN:CET) Increases By 76.3%

Central Securities Corporation (NYSEAMERICAN:CET) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 8,979 shares, an increase of 76.3% from the January 15th total of 5,092 shares. Based on an average daily volume of 44,737 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 44,737 shares, the days-to-cover ratio is currently 0.2 days.

Central Securities Stock Performance

Shares of Central Securities stock traded up $0.03 during midday trading on Friday, hitting $51.51. The company’s stock had a trading volume of 32,624 shares, compared to its average volume of 50,256. Central Securities has a 1-year low of $40.24 and a 1-year high of $52.95. The stock has a 50-day simple moving average of $51.43 and a 200-day simple moving average of $50.67.

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.