Short Interest on Sturm Ruger Just Keeps Growing

Sturm Ruger (RGR), the firearms manufacturer, faces a class action lawsuit over alleged violation of securities laws and possible misrepresentation of its financial position.

The Short Interest (as measured by Percent Shares Outstanding On Loan) for Sturm Ruger has risen over the past month and now stands at 29%.

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Read: Short Interest on Sturm & Ruger at 52 Week High, August 18, 2009