Cisco Systems, Inc. (NASDAQ:CSCO) Sees Large Growth in Short Interest
MarketBeat
Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 57,510,000 shares, an increase of 19.5% from the April 30th total of 48,120,000 shares. Based on an average daily trading volume, of 23,430,000 shares, the short-interest ratio is presently 2.5 days. Currently, 1.5% of the company's shares are sold short.
NASDAQ:CSCO
