Frequency Electronics, Inc. (NASDAQ:FEIM) Sees Large Decrease in Short Interest
Frequency Electronics, Inc. (NASDAQ:FEIM – Get Free Report) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 556,913 shares, a drop of 17.8% from the January 29th total of 677,448 shares. Currently, 7.9% of the company’s shares are short sold. Based on an average daily volume of 162,195 shares, the days-to-cover ratio is currently 3.4 days. Based on an average daily volume of 162,195 shares, the days-to-cover ratio is currently 3.4 days. Currently, 7.9% of the company’s shares are short sold.
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