Zai Lab Limited (NASDAQ:ZLAB) Sees Large Drop in Short Interest
MarketBeat
Zai Lab Limited (NASDAQ:ZLAB - Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 4,980,000 shares, a drop of 25.1% from the April 30th total of 6,650,000 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is currently 4.0 days. Approximately 5.3% of the company's shares are sold short.
NASDAQ:ZLAB