Short interest in Navitas Semiconductor Corp (NASDAQ:NVTS) decreased during the last reporting period, falling from 31.10M to 27.84M. This put 21.63% of the company's publicly available shares short.
Short interest for Navitas Semiconductor gives investors a sense of the degree to which investors are betting on the decline of Navitas Semiconductor's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 2.23M shares traded per day, it would take 12.48 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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