Short interest in New Jersey Resources Corp (NYSE:NJR) increased during the last reporting period, rising from 1.59M to 1.60M. This put 2.23% of the company's publicly available shares short.
Short interest for New Jersey Resources gives investors a sense of the degree to which investors are betting on the decline of New Jersey Resources's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 353.71K shares traded per day, it would take 4.52 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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