Palo Alto Networks, Inc. (NASDAQ:PANW) Sees Large Increase in Short Interest
MarketBeat
Palo Alto Networks, Inc. (NASDAQ:PANW - Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 34,380,000 shares, anincreaseof29.0% from the July 15th total of 26,660,000 shares. Based on an average daily volume of 6,690,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately5.3% of the company's shares are short sold. Approximately5.3% of the company's shares are short sold. Based on an average daily volume of 6,690,000 shares, the days-to-cover ratio is currently 5.1 days.
NASDAQ:PANW
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