Bank of America Co. (NYSE:BAC) Short Interest Up 14.9% in October
Bank of America Co. (NYSE:BAC) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 85,720,000 shares, an increase of 14.9% from the September 30th total of 74,590,000 shares. Based on an average daily trading volume, of 41,060,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.1% of the shares of the stock are short sold.