Short Interest In Eaton Declines 34%

The most recent short interest data has been released for the 08/15/2016 settlement date, which shows a 2,384,950 share decrease in total short interest for Eaton Corp plc (ETN), to 4,654,432, a decrease of 33.88% since 07/29/2016. 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..