Short interest in Mitek Systems Inc (NASDAQ:MITK) increased during the last reporting period, rising from 4.23M to 4.28M. This put 9.33% of the company's publicly available shares short.

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

Based on the recent average volume of 447.60K shares traded per day, it would take 9.55 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.