Short Interest in Honda Motor Co., Ltd. (NYSE:HMC) Declines By 21.7%

Short Interest in Honda Motor Co., Ltd. (NYSE:HMC) Declines By 21.7%

Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 4,830,000 shares, a decrease of 21.7% from the April 30th total of 6,170,000 shares. Based on an average trading volume of 1,060,000 shares, the short-interest ratio is presently 4.6 days. Approximately 0.3% of the shares of the company are sold short.