Materion Corporation (NYSE:MTRN) Sees Large Growth in Short Interest
Materion Corporation (NYSE:MTRN – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 772,963 shares, an increase of 29.7% from the February 12th total of 595,778 shares. Currently, 3.8% of the company’s stock are sold short. Based on an average daily trading volume, of 226,577 shares, the short-interest ratio is currently 3.4 days. Based on an average daily trading volume, of 226,577 shares, the short-interest ratio is currently 3.4 days. Currently, 3.8% of the company’s stock are sold short.
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