Sylvamo Co. ( NYSE:SLVM – Get Rating ) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 875,800 shares, a drop of 20.4% from the February 13th total of 1,100,000 shares. Based on an average daily volume of 425,000 shares, the short-interest ratio is presently 2.1 days. Approximately 2.4% of the company's stock are sold short. Analyst Upgrades and Downgrades Separately, Bank of America downgraded Sylvamo from a 'buy' rating to a 'neutral' rating and raised their price target for the stock from $56.

https://www.dailypolitical.com/2023/03/12/sylvamo-co-nyseslvm-short-interest-down-20-4-in-february.html

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