Short interest in Cardinal Health Inc (NYSE:CAH) decreased during the last reporting period, falling from 7.47M to 5.50M. This put 2.98% of the company's publicly available shares short.
Short interest for Cardinal Health gives investors a sense of the degree to which investors are betting on the decline of Cardinal Health's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 1.52M shares traded per day, it would take 3.61 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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