Short Interest in Summit State Bank (NASDAQ:SSBI) Decreases By 35.8%

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Summit State Bank (NASDAQ:SSBI – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 11,100 shares, adropof35.8% from the July 15th total of 17,300 shares. Approximately0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 13,800 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 13,800 shares, the days-to-cover ratio is presently 0.8 days. Approximately0.2% of the company’s shares are short sold.

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