$10.25
-0.08-0.77%
Pre-Market: 5:59 PM EDT
Short interest in Avadel Pharmaceuticals PLC (NASDAQ:AVDL) increased during the last reporting period, rising from 8.81M to 9.79M. This put 11.61% of the company's publicly available shares short.
Short interest for Avadel Pharmaceuticals gives investors a sense of the degree to which investors are betting on the decline of Avadel Pharmaceuticals's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 1.20M shares traded per day, it would take 8.13 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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