StoneCo Ltd. ( NASDAQ:STNE – Get Rating ) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 21,270,000 shares, an increase of 21.4% from the April 15th total of 17,520,000 shares. Based on an average daily volume of 5,560,000 shares, the days-to-cover ratio is currently 3.8 days. Wall Street Analyst Weigh In Several research firms have recently issued reports on STNE. Barclays initiated coverage on StoneCo in a research report on Thursday.

https://www.dailypolitical.com/2023/05/14/stoneco-ltd-nasdaqstne-short-interest-up-21-4-in-april.html

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