Short interest in Psychemedics Corp. (NASDAQ:PMD) decreased during the last reporting period, falling from 39.88K to 38.60K. This put 0.87% of the company's publicly available shares short.

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

Based on the recent average volume of 20.06K shares traded per day, it would take 1.92 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.