Weyerhaeuser (NYSE:WY) Short Interest Up 24.7% in March

Weyerhaeuser (NYSE:WY) Short Interest Up 24.7% in March

Weyerhaeuser (NYSE:WY - Get Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 10,820,000 shares, an increase of 24.7% from the February 28th total of 8,680,000 shares. Based on an average daily trading volume, of 3,730,000 shares, the short-interest ratio is presently 2.9 days. Approximately 1.5% of the company's stock are sold short.