Short interest in Apellis Pharmaceuticals Inc (NASDAQ:APLS) decreased during the last reporting period, falling from 24.68M to 22.93M. This put 23.54% of the company's publicly available shares short.

Based on the recent average volume of 1.89M shares traded per day, it would take 12.12 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.