Community Health Systems was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 7,490,000 shares, a drop of 42.1% from the July 31st total of 12,930,000 shares. Based on an average trading volume of 3,250,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 6.0% of the shares of the stock are sold short.
