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Short interest in Immunovant Inc (NASDAQ:IMVT) increased during the last reporting period, rising from 12.64M to 12.93M. This put 20.27% of the company's publicly available shares short.
Short interest for Immunovant gives investors a sense of the degree to which investors are betting on the decline of Immunovant's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 642.79K shares traded per day, it would take 20.12 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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