Ross Stores, Inc. ( NASDAQ:ROST – Get Rating ) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 3,610,000 shares, a drop of 37.7% from the May 15th total of 5,790,000 shares. Approximately 1.1% of the company's stock are sold short. Based on an average daily volume of 2,310,000 shares, the short-interest ratio is presently 1.6 days. Insiders Place Their Bets In related news, CEO Barbara Rentler sold 11,866 shares of Ross Stores stock in a transaction on Tuesday, May 30th.

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