Short interest in Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) increased during the last reporting period, rising from 12.06K to 40.64K. This put 6.51% of the company's publicly available shares short.

Short interest for Galmed Pharmaceuticals gives investors a sense of the degree to which investors are betting on the decline of Galmed Pharmaceuticals's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 205.42K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.