Short interest in Snowflake Inc (NYSE:SNOW) increased during the last reporting period, rising from 11.77M to 13.22M. This put 4.08% of the company's publicly available shares short.
Short interest for Snowflake gives investors a sense of the degree to which investors are betting on the decline of Snowflake's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 5.35M shares traded per day, it would take 2.47 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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