Short interest in Novagold Resources Inc (AMEX:NG) decreased during the last reporting period, falling from 8.72M to 8.68M. This put 2.63% of the company's publicly available shares short.

Short interest in Novagold Resources Corp (XASE:NG) decreased during the last reporting period, falling from 280.30M to 275.20M. This put 1.17% of the company's publicly available shares short.

Based on the recent average volume of 2.25M shares traded per day, it would take 3.85 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.