Cumulus Media Inc. (NASDAQ:CMLS – Get Rating) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 942,700 shares, an increase of 40.6% from the March 15th total of 670,500 shares. Based on an average daily trading volume, of 178,700 shares, […]
Cumulus Media Inc. (NASDAQ:CMLS – Get Rating) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 670,500 shares, a growth of 56.2% from the February 28th total of 429,200 shares. Based on an average trading volume of 175,700 shares, the […]