Gerdau AmeriSteel Corp. (GNA)

[eastunder]

GNA: Short Interest DN 11.2% to 6.0M at the End of Feb 2010

Tuesday , March 09, 2010 15:02ET

According to new short interest data from NYSE, short interest for Gerdau Ameristeel Corp (NYSE: GNA) DECREASED 11.2% to 6,048,815 shares as reported at month-end February, 2010.

 
 SYMBOL       MID JANUARY    END FEBRUARY          CHANGE       %CHANGE  DAYS/COVER 
 --------   -------------   -------------   -------------  ------------  ---------- 
 GNA            6,812,936       6,048,815        -764,121       -11.22%           5

Based on GNA's 20-day average daily share volume of 1,502,875, it would require approximately 5 day(s) of buying to cover this short interest.