Short interest in Avid Bioservices Inc (NASDAQ:CDMO) increased during the last reporting period, rising from 11.20M to 11.62M. This put 18.45% of the company's publicly available shares short.

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

Based on the recent average volume of 1.41M shares traded per day, it would take 8.25 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.