Short interest in Rigel Pharmaceuticals Inc (NASDAQ:RIGL) decreased during the last reporting period, falling from 807.50K to 456.92K. This put 2.65% 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 229.50K shares traded per day, it would take 1.99 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.