Short Interest in Green Dot Co. (NYSE:GDOT) Declines By 15.6%

Short Interest in Green Dot Co. (NYSE:GDOT) Declines By 15.6%

Green Dot Co. (NYSE:GDOT - Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 1,520,000 shares, a decline of 15.6% from the April 30th total of 1,800,000 shares. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 3.2% of the shares of the company are sold short.