Norfolk Southern Corporation (NYSE:NSC) Short Interest Up 47.3% in September

Norfolk Southern Corporation (NYSE:NSC - Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,450,000 shares, an increase of 47.3% from the September 15th total of 3,700,000 shares. Based on an average trading volume of 2,250,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.2% of the company's stock are sold short. Approximately 2.2% of the company's stock are sold short. Based on an average trading volume of 2,250,000 shares, the short-interest ratio is currently 2.4 days.