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United States Cellular Co. (NYSE:USM - Get Rating) saw a significant drop in short interest during the month of December. As of December 30th, there was short interest totalling 777,500 shares, a drop of 19.6% from the December 15th total of 966,600 shares. Based on an average daily volume of 275,100 shares, the days-to-cover ratio is currently 2.8 days. Currently, 5.4% of the company's shares are short sold.
United States Cellular Co. (NYSE:USM - Get Rating) Director Gregory P. Josefowicz sold 1,834 shares of the company's stock in a transaction on Friday, December 9th. The stock was sold at an average price of $19.61, for a total transaction of $35,964.74. Following the transaction, the director now owns 18,981 shares of the company's stock, valued at approximately $372,217.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.