Magic Software Enterprises Ltd. (NASDAQ:MGIC) Short Interest Up 28.7% in May
MarketBeat
Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 279,000 shares, an increase of 28.7% from the May 15th total of 216,800 shares. Based on an average trading volume of 79,800 shares, the days-to-cover ratio is currently 3.5 days. Currently, 1.1% of the shares of the company are short sold.
NASDAQ:MGIC