Short Interest Declines 20.3% For CIT
September 13, 2017 at 13:20 PM EDT
The most recent short interest data has been released for the 08/31/2017 settlement date, which shows a 2,740,695 share decrease in total short interest for CIT Group Inc (CIT), to 10,731,082, a decrease of 20.34% since 08/15/2017. 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..