Short interest in RPC Inc (NYSE:RES) decreased during the last reporting period, falling from 19.28M to 18.25M. This put 21.53% of the company's publicly available shares short.
Short interest for RPC gives investors a sense of the degree to which investors are betting on the decline of RPC's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 1.88M shares traded per day, it would take 9.68 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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