Short interest in Phathom Pharmaceuticals Inc (NASDAQ:PHAT) decreased during the last reporting period, falling from 10.78M to 10.52M. This put 21.03% of the company's publicly available shares short.

Based on the recent average volume of 1.62M shares traded per day, it would take 6.48 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.