Newmont Corporation (NYSE:NEM) Sees Large Decline in Short Interest

Newmont Corporation (NYSE:NEM) Sees Large Decline in Short Interest

Newmont Corporation (NYSE:NEM - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 18,103,460 shares, a decrease of 14.8% from the March 15th total of 21,256,668 shares. Based on an average daily volume of 14,185,189 shares, the short-interest ratio is currently 1.3 days. Currently, 1.7% of the company's shares are short sold.