Packaging Corporation of America (NYSE:PKG) Short Interest Down 36.1% in March

Packaging Corporation of America (NYSE:PKG) Short Interest Down 36.1% in March

Packaging Corporation of America (NYSE:PKG - Get Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 3,340,726 shares, a decline of 36.1% from the March 15th total of 5,228,241 shares. Based on an average daily volume of 1,285,912 shares, the short-interest ratio is currently 2.6 days. Currently, 3.8% of the shares of the company are short sold.