HC2 Holdings Inc (HCHC) Sees Large Decrease in Short Interest
HC2 Holdings Inc (NYSE:HCHC) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 2,180,799 shares, a drop of 8.1% from the August 31st total of 2,373,702 shares. Based on an average daily volume of 197,145 shares, the short-interest ratio is currently 11.1 days. Approximately 7.3% of the company’s stock are sold short.
HC2 Holdings (NYSE:HCHC) opened at 4.95 on Friday. HC2 Holdings has a 12-month low of $3.25 and a 12-month high of $8.09. The stock’s market capitalization is $175.41 million. The stock’s 50 day moving average is $4.70 and its 200 day moving average is $4.26.
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