Cerus Corporation (NASDAQ:CERS) Sees Significant Decrease in Short Interest
MarketBeat
Cerus Corporation (NASDAQ:CERS - Get Free Report) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 10,766,701 shares, a decline of 41.9% from the May 14th total of 18,522,745 shares. Approximately 5.6% of the company's stock are short sold. Based on an average trading volume of 2,541,848 shares, the days-to-cover ratio is currently 4.2 days.
NASDAQ:CERS