Short interest in Innoviva Inc (NASDAQ:INVA) decreased during the last reporting period, falling from 10.38M to 9.81M. This put 30.89% 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 575.07K shares traded per day, it would take 17.06 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.