Sony Corporation recorded a significant increase in short interest during January. Short interest totaled 11,628,802 shares as of January 30th. This represents a 29.6% increase from the January 15th total. The previous short interest total was 8,976,277 shares. Approximately 0.2% of the company's shares are currently sold short.
The days-to-cover ratio currently stands at 1.5 days. Average daily trading volume for the stock is 7,580,156 shares. Sony (SONY) opened at $22.82 on Wednesday.
Technical indicators show the stock trading below long-term averages. The company's 50-day moving average price is $24.32. The 200-day moving average price is $26.99.