Short interest in Pacific Biosciences of California Inc (NASDAQ:PACB) decreased during the last reporting period, falling from 48.89M to 47.22M. This put 17.46% of the company's publicly available shares short.
Based on the recent average volume of 15.91M shares traded per day, it would take 2.97 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
Short Interest
47.22M
Short Interest %
17.5%
Days to Cover
2.97
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