Avnet, Inc. (NASDAQ:AVT) Sees Large Decline in Short Interest
MarketBeat
Avnet, Inc. (NASDAQ:AVT - Get Free Report) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 4,370,000 shares, a drop of 24.9% from the April 30th total of 5,820,000 shares. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.3% of the shares of the stock are sold short.
NASDAQ:AVT