The Scotts Miracle-Gro Company (NYSE:SMG) Sees Large Drop in Short Interest

The Scotts Miracle-Gro Company (NYSE:SMG) Sees Large Drop in Short Interest

The Scotts Miracle-Gro Company (NYSE:SMG - Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 3,050,000 shares, a drop of 23.4% from the March 15th total of 3,980,000 shares. Currently, 7.0% of the company's stock are sold short. Based on an average daily volume of 1,040,000 shares, the short-interest ratio is presently 2.9 days.

Sterling Capital Management LLC Raises Stock Holdings in The Scotts Miracle-Gro Company (NYSE:SMG)

Sterling Capital Management LLC boosted its position in shares of The Scotts Miracle-Gro Company (NYSE:SMG – Free Report) by 53.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,722 shares of the basic materials company’s stock after buying an additional 944 shares during the […]