Montrose Environmental Group, Inc. ( NYSE:MEG – Get Rating ) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 592,600 shares, a drop of 37.7% from the April 30th total of 951,500 shares. Based on an average trading volume of 270,000 shares, the days-to-cover ratio is presently 2.2 days. Montrose Environmental Group Stock Performance Shares of MEG stock traded down $0.02 during trading on Friday, reaching $35.84. The company had a trading volume of 144,599 shares, compared to its average volume of 181,925.

https://www.dailypolitical.com/2023/05/27/short-interest-in-montrose-environmental-group-inc-nysemeg-decreases-by-37-7.html

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