Short Interest in Central Securities Corporation (NYSEAMERICAN:CET) Drops By 20.8%

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

Central Securities Trading Down 1.3%

NYSEAMERICAN:CET traded down $0.68 during mid-day trading on Tuesday, reaching $51.32. 8,676 shares of the stock were exchanged, compared to its average volume of 42,897. Central Securities has a 1 year low of $40.24 and a 1 year high of $52.44. The company has a 50 day simple moving average of $50.57 and a 200-day simple moving average of $50.21.

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. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.