Short Interest in Central Securities Co. (NYSEAMERICAN:CET) Rises By 35.2%

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

Central Securities Stock Performance

Shares of Central Securities stock traded up $0.49 on Wednesday, hitting $46.25. 25,124 shares of the company traded hands, compared to its average volume of 25,879. Central Securities has a 12-month low of $39.24 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.