Short interest in Braskem SA (NYSE:BAK) increased during the last reporting period, rising from 1.39M to 1.56M. This put 1.64% of the company's publicly available shares short.

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

Based on the recent average volume of 390.65K shares traded per day, it would take 3.99 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.