Short interest in Silicon Motion Technology Corp (NASDAQ:SIMO) decreased during the last reporting period, falling from 667.78K to 537.94K. This put 1.65% of the company's publicly available shares short.

Based on the recent average volume of 505.37K shares traded per day, it would take 1.06 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.