Cadence Bank (NYSE:CADE) Sees Significant Increase in Short Interest
Cadence Bank (NYSE:CADE – Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 5,520,000 shares, a growth of 6.8% from the November 30th total of 5,170,000 shares. Based on an average daily volume of 1,230,000 shares, the short-interest ratio is presently 4.5 days.
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