Fortive Corporation (NYSE:FTV) Sees Significant Increase in Short Interest
MarketBeat
Fortive Corporation (NYSE:FTV - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,410,000 shares, anincreaseof57.9% from the June 30th total of 5,960,000 shares. Approximately2.8% of the company's stock are sold short. Based on an average daily volume of 3,560,000 shares, the short-interest ratio is currently 2.6 days. Based on an average daily volume of 3,560,000 shares, the short-interest ratio is currently 2.6 days. Approximately2.8% of the company's stock are sold short.
NYSE:FTV