Short interest in Innoviva Inc (NASDAQ:INVA) decreased during the last reporting period, falling from 11.60M to 10.73M. This put 33.78% of the company's publicly available shares short.

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

Based on the recent average volume of 897.55K shares traded per day, it would take 11.95 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.