Short interest in Kadant Inc (NYSE:KAI) increased during the last reporting period, rising from 1.56M to 1.56M. This put 15.21% of the company's publicly available shares short.
Short interest for Kadant gives investors a sense of the degree to which investors are betting on the decline of Kadant's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 47.84K shares traded per day, it would take 32.59 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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