Central Securities Co. (NYSEAMERICAN:CET) Sees Large Increase in Short Interest

Central Securities Co. (NYSEAMERICAN:CET) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 14,600 shares, an increase of 35.2% from the January 31st total of 10,800 shares. Based on an average daily volume of 28,400 shares, the days-to-cover ratio is presently 0.5 days.

Central Securities Trading Down 1.3 %

CET opened at $46.30 on Tuesday. Central Securities has a 12 month low of $39.09 and a 12 month high of $49.51.

About Central Securities

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.