Short Interest Moves 18.4% Lower For PEI

The most recent short interest data has been released by the NASDAQ for the 01/29/2016 settlement date, which shows a 1,189,445 share decrease in total short interest for Pennsylvania Real Estate Investment Trust (PEI), to 5,274,755, a decrease of 18.40% since 01/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..