Reeds (NYSEMKT:REED) encountered a drop of 9.5% or -14,852 shares in the short positions. The number dropped from 155,923 on February 29,2016 to 141,071 on March 15,2016. The final interest is 1.4% of the floated stock. The days to cover figure of 9 can be arrived using the average daily exchange of 16,519 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on March 24th.
Reeds (NYSEMKT:REED) witnessed a decline in the market cap on Monday as its shares dropped 3% or 0.15 points. After the session…
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