Alphabet Inc. (NASDAQ:GOOG) Sees Significant Decline in Short Interest
MarketBeat
Alphabet Inc. (NASDAQ:GOOG - 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 31,060,000 shares, a drop of 22.7% from the August 15th total of 40,160,000 shares. Currently, 0.3% of the company's stock are sold short. Based on an average daily trading volume, of 25,350,000 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 25,350,000 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the company's stock are sold short.
NASDAQ:GOOG