KT Corporation (NYSE:KT) Short Interest Up 19.5% in August

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KT Corporation (NYSE:KT – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,570,000 shares, an increase of 19.5% from the August 15th total of 2,150,000 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.5% of the shares of the company are sold short.

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