Sonoco Products Company (NYSE:SON) Sees Significant Growth in Short Interest

Sonoco Products Company (NYSE:SON) Sees Significant Growth in Short Interest

Sonoco Products Company (NYSE:SON - 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 6,478,790 shares, an increase of 24.1% from the January 15th total of 5,218,831 shares. Currently, 6.6% of the shares of the stock are sold short. Based on an average daily volume of 985,272 shares, the short-interest ratio is presently 6.6 days. Based on an a…