G-III Apparel Group, Ltd. (NASDAQ:GIII – Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 4,240,000 shares, a drop of 7.0% from the April 30th total of 4,560,000 shares. Approximately 10.9% of the shares of the stock are short sold. […]