Short interest in Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) increased during the last reporting period, rising from 4.01M to 4.07M. This put 0.26% of the company's publicly available shares short.
Short interest for Cia Energetica DE Minas gives investors a sense of the degree to which investors are betting on the decline of Cia Energetica DE Minas's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 2.17M shares traded per day, it would take 1.88 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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