Best Buy Stock Sees Short Interest Jump 15%

The most recent short interest data has been released for the 06/15/2016 settlement date, which shows a 3,999,842 share increase in total short interest for Best Buy Inc (BBY), to 30,637,906, an increase of 15.02% since 05/31/2016. 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..
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