Short Interest Drops 11.6% For WEN

The most recent short interest data has been released by the NASDAQ for the 08/15/2014 settlement date, which shows a 3,885,472 share decrease in total short interest for Wendy's Co (WEN), to 29,704,191, a decrease of 11.57% since 07/31/2014. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..