Short Interest in XBiotech Inc. (NASDAQ:XBIT) Decreases By 45.3%
MarketBeat
XBiotech Inc. (NASDAQ:XBIT - Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 166,000 shares, a drop of 45.3% from the August 15th total of 303,600 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 89,600 shares, the short-interest ratio is currently 1.9 days. Based on an average daily trading volume, of 89,600 shares, the short-interest ratio is currently 1.9 days. Approximately 0.9% of the shares of the stock are short sold.
NASDAQ:XBIT
