Emerson Electric Co. ( NYSE:EMR – Get Rating ) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 5,870,000 shares, a growth of 19.6% from the May 15th total of 4,910,000 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average trading volume of 3,340,000 shares, the days-to-cover ratio is currently 1.8 days. Emerson Electric Trading Down 0.7 % NYSE:EMR traded down $0.64 on Friday, reaching $87.

https://www.dailypolitical.com/2023/06/16/short-interest-in-emerson-electric-co-nyseemr-increases-by-19-6.html

#dailypolitical