Nexstar Media Group Inc (NASDAQ:NXST) Short Interest Up 12.5% in December
Nexstar Media Group Inc (NASDAQ:NXST) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,040,000 shares, an increase of 12.5% from the December 15th total of 3,590,000 shares. Currently, 9.1% of the company’s stock are short sold. Based on an average daily volume of 456,900 shares, the days-to-cover ratio is presently 8.8 days.
In other news, EVP Elizabeth Ryder sold 9,500 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $110.03, for a total transaction of $1,045,285.00. Following the sale, the executive vice president now owns 4,192 shares in the company, valued at $461,245.76. The transaction was disclosed in a filing with ...