Short Interest in HC2 Holdings Inc (HCHC) Declines By 23.5%
HC2 Holdings Inc (NYSE:HCHC) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 1,327,942 shares, a decline of 23.5% from the October 14th total of 1,736,151 shares. Based on an average trading volume of 607,124 shares, the days-to-cover ratio is presently 2.2 days. Approximately 4.4% of the shares of the stock are short sold.
HC2 Holdings (NYSE:HCHC) opened at 4.53 on Thursday. The stock’s market cap is $189.44 million. HC2 Holdings has a 52 week low of $3.25 and a 52 week high of $6.35. The company has a 50-day moving average price of $4.78 and a 200-day moving average price of $4.52.
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