Short interest in Innoviva Inc (NASDAQ:INVA) increased during the last reporting period, rising from 11.40M to 11.69M. This put 36.85% of the company's publicly available shares short.

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

Based on the recent average volume of 375.82K shares traded per day, it would take 31.1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.