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

Central Securities Corporation (NYSEAMERICAN:CET) was the target of a large increase in short interest in 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 short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 44,737 shares, the short-interest ratio is presently 0.2 days.

Central Securities Stock Performance

Shares of CET traded up $0.03 during trading hours on Friday, hitting $51.51. The stock had a trading volume of 32,624 shares, compared to its average volume of 50,256. The firm has a 50-day moving average price of $51.43 and a 200 day moving average price of $50.69. Central Securities has a fifty-two week low of $40.24 and a fifty-two week high of $52.95.

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.