Central Securities Corporation (NYSEAMERICAN:CET) Sees Large Decrease in Short Interest

Central Securities Corporation (NYSEAMERICAN:CET) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 1,209 shares, a decrease of 20.8% from the December 15th total of 1,526 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,017 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 43,017 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Central Securities Price Performance

NYSEAMERICAN:CET traded up $0.01 during trading hours on Monday, hitting $52.00. 50,580 shares of the stock traded hands, compared to its average volume of 39,217. Central Securities has a fifty-two week low of $40.24 and a fifty-two week high of $52.44. The firm has a 50 day moving average price of $50.56 and a 200 day moving average price of $50.19.

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.