Steven Madden, Ltd. ( NASDAQ:SHOO – Get Rating ) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 4,750,000 shares, an increase of 20.3% from the April 15th total of 3,950,000 shares. Based on an average trading volume of 938,200 shares, the short-interest ratio is presently 5.1 days. Currently, 6.5% of the shares of the stock are sold short. Steven Madden Stock Down 0.2 % Shares of SHOO stock traded down $0.05 during trading hours on Friday, reaching $32.
https://www.dailypolitical.com/2023/05/14/steven-madden-ltd-nasdaqshoo-short-interest-update.html#dailypolitical
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