Short interest in Mitek Systems Inc (NASDAQ:MITK) decreased during the last reporting period, falling from 4.13M to 3.78M. This put 8.24% 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 350.71K shares traded per day, it would take 10.77 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.