Short Decrease for September
Banro (NYSE:BAA) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 753,878 shares, a decrease of 60.2% from the August 31st total of 1,892,278 shares, MarketBeat reports. Based on an average daily volume of 640,243 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the company’s stock are short sold.
Saw this in an email and thought I'd share.