RR Donnelley & Sons Sees Significant Increase in Short Interest (RRD)
Shares of RR Donnelley & Sons (NASDAQ:RRD) were the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totalling 14,496,447 shares, a growth of 10.7% from the April 15th total of 13,091,389 shares, Stock Ratings Network reports. Currently, 7.4% of the company’s shares are sold short. Based on an average daily volume of 1,472,167 shares, the short-interest ratio is currently 9.8 days.
RR Donnelley & Sons (NASDAQ:RRD) opened at 15.17 on Thursday. RR Donnelley & Sons has a 1-year low of $12.27 and a 1-year high of $21.20. The stock’s 50-day moving average is $17.17 and its 200-day moving average is $18.21. The company has a market cap of $3.028 billion and a P/E ratio of 19.00.
R.R. Donnelley & Sons Company (NASDAQ:RRD) is a global provider of integrated communications.
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