Bank of America Co. (NYSE:BAC) Short Interest Down 7.2% in November
Bank of America Co. (NYSE:BAC) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 73,610,000 shares, a decrease of 7.2% from the October 31st total of 79,280,000 shares. Approximately 0.9% of the company's shares are sold short. Based on an average daily trading volume, of 40,490,000 shares, the days-to-cover ratio is currently 1.8 days.