Short interest in Rackspace Technology Inc (NASDAQ:RXT) increased during the last reporting period, rising from 4.63M to 4.86M. This put 6.85% of the company's publicly available shares short.

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

Based on the recent average volume of 692.72K shares traded per day, it would take 7.01 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.