Short interest in Paychex Inc (NASDAQ:PAYX) increased during the last reporting period, rising from 16.64M to 17.33M. This put 5.4% of the company's publicly available shares short.

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

Based on the recent average volume of 1.24M shares traded per day, it would take 13.94 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.