NEW YORK, Oct. 13, 2011 /PRNewswire/ -- GFI Group Inc. (NYSE: GFIG) a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, announced today that it has appointed Jerry Dobner to be its Chief Technology Officer. Mr. Dobner will be responsible for developing the firm's technology and for overseeing all technology investments in all of the GFI Group companies. In his new position Mr. Dobner will report to Colin Heffron, GFI's President. Jerry Dobner has been at GFI for ten years and was GFI's former Head of Development and Ecommerce and prior to that managed the development of EnergyMatch, the firm's electronic trading platform in the United States for energy and commodities. Mr. Heffron welcomed Mr. Dobner to his new position and said: "Technology is a critical component of our business. We are early developers of technology and have invested significantly since the inception of our company. Jerry with his wealth of knowledge and experience will be a great contributor to the further development of our technology in all our different businesses." GFI operates several electronic trading platforms: CreditMatch®, GFI ForexMatch® and EnergyMatch® and EnergyMatch® Europe. CreditMatch® is GFI's electronic trading platform for fixed income derivatives and bonds. It forms a key part of GFI's hybrid brokerage model, serving the market from its operations in New York, London, Sydney, Tokyo, Singapore and Hong Kong and working alongside GFI's brokers from each of these offices. CreditMatch® displays fixed income derivative and bond prices together on the same screen. GFI ForexMatch® is GFI's electronic system for FX derivatives trading. It supports GFI's hybrid brokerage model, combining traditional voice brokerage services with sophisticated electronic trading technology. GFI ForexMatch® enhances price discovery and increases efficiency by enabling full electronic trade execution and processing of FX instruments.
The most recent short interest data has been released by the NASDAQ for the 11/28/2014 settlement date, which shows a 317,187 share increase in total short interest for GFI Group Incorporated , to 1,840,144, an increase of 20.83% since 11/14/2014. 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.