Short interest in Magna International Inc (NYSE:MGA) decreased during the last reporting period, falling from 7.80M to 7.65M. This put 2.75% of the company's publicly available shares short.

Based on the recent average volume of 2.43M shares traded per day, it would take 3.15 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.