Ermenegildo Zegna ( NYSE:ZGN – Get Free Report ) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 639,900 shares, a decrease of 40.2% from the June 15th total of 1,070,000 shares. Approximately 1.0% of the company's shares are sold short. Based on an average daily trading volume, of 633,400 shares, the days-to-cover ratio is currently 1.0 days. Institutional Trading of Ermenegildo Zegna A number of hedge funds have recently bought and sold shares of ZGN.

https://www.dailypolitical.com/2023/07/15/ermenegildo-zegna-nysezgn-short-interest-update.html

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