Silicon Motion Technology Co. (NASDAQ:SIMO) Short Interest Up 93.9% in May
MarketBeat
Silicon Motion Technology Co. (NASDAQ:SIMO - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 1,260,000 shares, a growth of 93.9% from the May 15th total of 649,900 shares. Based on an average daily trading volume, of 525,500 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.7% of the company's stock are short sold.
NASDAQ:SIMO