Colgate-Palmolive ( NYSE:CL – Get Rating ) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 12,430,000 shares, a decline of 11.2% from the May 15th total of 14,000,000 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 5,210,000 shares, the short-interest ratio is presently 2.4 days. Colgate-Palmolive Stock Up 1.3 % Shares of Colgate-Palmolive stock traded up $0.98 on Friday, hitting $77.

https://www.dailypolitical.com/2023/06/18/colgate-palmolive-nysecl-sees-significant-decrease-in-short-interest.html

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