Short Interest in The Goodyear Tire & Rubber Company (NASDAQ:GT) Declines By 16.5%

The Goodyear Tire & Rubber Company (NASDAQ:GT – Get Rating) was the target of a large drop in short interest in the month of July. As of July 15th,...

August 12, 2022
12:18 AM

The Goodyear Tire & Rubber Company (NASDAQ:GT – Get Rating) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 13,720,000 shares, a drop of 16.5% from the June 30th total of 16,440,000 shares. Currently, 5.9% of the company's shares are sold short. Based on an average daily trading volume, of 4,860,000 shares, the short-interest ratio is presently 2.8 days. Institutional Inflows and Outflows A number of large investors have recently made changes to their positions in GT.

Mickey Rousseau