IPG Photonics Co. (NASDAQ:IPGP) Short Interest Up 28.5% in May
MarketBeat
IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,300,000 shares, an increase of 28.5% from the May 15th total of 1,790,000 shares. Based on an average trading volume of 346,900 shares, the short-interest ratio is currently 6.6 days. Currently, 9.3% of the shares of the company are sold short.
NASDAQ:IPGP
