HC2 Holdings Inc (NYSE:HCHC) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 2,180,799 shares, a drop of 8.1% from the August 31st total of 2,373,702 shares. Approximately 7.3% of the company’s stock are sold short. Based on an average daily volume of 197,145 shares, the days-to-cover ratio is currently 11.1 days.
Shares of HC2 Holdings (NYSE:HCHC) opened at 4.99 on Tuesday. HC2 Holdings has a one year low of $3.25 and a one year high of $8.09. The stock has a 50 day moving average of $4.65 and a 200-day moving average of $4.24. The firm’s market capitalization is $176.83 million.
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