Viavi Solutions Inc. (NASDAQ:VIAV) Sees Large Increase in Short Interest
MarketBeat
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 10,590,000 shares, anincreaseof34.7% from the July 31st total of 7,860,000 shares. Approximately4.8% of the company's shares are short sold. Based on an average daily volume of 2,500,000 shares, the days-to-cover ratio is currently 4.2 days. Based on an average daily volume of 2,500,000 shares, the days-to-cover ratio is currently 4.2 days. Approximately4.8% of the company's shares are short sold.
NASDAQ:VIAV
