Short interest in Penguin Solutions Inc (NASDAQ:PENG) increased during the last reporting period, rising from 6.92M to 7.24M. This put 19.51% of the company's publicly available shares short.

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

Based on the recent average volume of 1.32M shares traded per day, it would take 5.47 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.