Short interest in Schmitt Industries Inc (OTC:SMIT) decreased during the last reporting period, falling from 35.00 to 35.00. This put -% of the company's publicly available shares short.

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

Based on the recent average volume of 2.04K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.