Short Interest Moves 12.2% Higher For MHGC
The most recent short interest data has been released by the NASDAQ for the 07/15/2013 settlement date, which shows a 253,110 share increase in total short interest for Morgans Hotel Group Co (MHGC), to 2,325,071, an increase of 12.22% since 06/28/2013. 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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