Central Securities Corporation (NYSEAMERICAN:CET) Short Interest Up 76.3% in January

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

Central Securities Price Performance

NYSEAMERICAN CET traded up $0.03 on Friday, hitting $51.51. 32,624 shares of the company were exchanged, compared to its average volume of 50,256. Central Securities has a twelve month low of $40.24 and a twelve month high of $52.95. The company’s 50 day moving average price is $51.43 and its 200-day moving average price is $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.