Short interest in Elite Pharmaceuticals Inc (OTC:ELTP) decreased during the last reporting period, falling from 2.00M to 1.56M. This put 0.19% of the company's publicly available shares short.

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

Based on the recent average volume of 14.52M shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.