Danaos Co. ( NYSE:DAC – Get Rating ) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 628,700 shares, a decrease of 6.8% from the May 15th total of 674,600 shares. Currently, 5.8% of the shares of the company are short sold. Based on an average trading volume of 145,400 shares, the short-interest ratio is currently 4.3 days. Danaos Stock Performance NYSE DAC traded down $0.67 on Friday, reaching $65.33. The stock had a trading volume of 173,068 shares, compared to its average volume of 141,667.

https://www.dailypolitical.com/2023/06/18/short-interest-in-danaos-co-nysedac-drops-by-6-8.html

#dailypolitical