PG&E Co. (NYSE:PCG) Short Interest Down 15.3% in May

PG&E Co. (NYSE:PCG) Short Interest Down 15.3% in May

PG&E Co. (NYSE:PCG - Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 30,000,000 shares, a drop of 15.3% from the April 30th total of 35,430,000 shares. Based on an average daily volume of 16,630,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.1% of the shares of the stock are sold short.