Short interest in Rigel Pharmaceuticals Inc (NASDAQ:RIGL) increased during the last reporting period, rising from 462.67K to 470.93K. This put 2.73% of the company's publicly available shares short.

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

Based on the recent average volume of 172.12K shares traded per day, it would take 2.74 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.