Short Interest in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Increases By 19.0%

The number of shares shorted increased 19% in the month of March.

Interactive Brokers Group, Inc., (NASDAQ:IBKR, Get Rating), was the beneficiary of an increase in short interest that was significant during the month March. On March 31, there were 1,440,000 short shares, a 19.0% increase from the total of 1,210,000 on March 15. On the basis of an average daily volume 1,230,000 shares at March 31, the days-to cover ratio was 1.2. A number of large investors recently bought and sold IBKR shares.