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Cumulus Media Inc. (CMLS) Message Board

  • tmcg1367 tmcg1367 Jul 28, 2014 11:22 AM Flag

    Short interest increased

    The short interest went from 7.4 million shares on 6-30 to 9.7 million on 7-15, according to the info on NASDAQ.com. There was a brief story on Forbes about it a couple of days ago, but I just saw the article today when I was looking for some reason for the decline. I can't understand why the increase in short interest, but those shares that have been sold short have to be bought back at some time. I just bought some CMLS on Friday and may buy more.

    Good luck.

 
CMLS
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