Short Interest in First BanCorp. (NYSE:FBP) Rises By 21.7%

Short Interest in First BanCorp. (NYSE:FBP) Rises By 21.7%

First BanCorp. (NYSE:FBP - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 8,022,790 shares, an increase of 21.7% from the January 15th total of 6,590,057 shares. Approximately 5.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,937,215 shares, the short-interest ratio is presently 4.1 days. Based …