Short Interest In Carmax Moves 14.2% Lower

The most recent short interest data has been released for the 06/30/2016 settlement date, which shows a 4,683,365 share decrease in total short interest for Carmax Inc. (NYSE: KMX), to 28,219,081, a decrease of 14.23% since 06/15/2016. 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. The n...