LendingTree, Inc. (NASDAQ:TREE) Sees Large Growth in Short Interest
newscatcher
2023-03-12 17:34
LendingTree, Inc. (NASDAQ:TREE) Sees Large Growth in Short Interest
LendingTree, Inc. ( NASDAQ:TREE – Get Rating ) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 918,000 shares, an increase of 20.7% from the February 13th total of 760,600 shares. Based on an average trading volume of 303,900 shares, the days-to-cover ratio is presently 3.0 days. Approximately 8.6% of the company's stock are short sold. Insider Activity In related news, CEO Douglas R. Lebda acquired 18,268 shares of the business's stock in a transaction dated Monday, January 30th.

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