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Short interest in STMicroelectronics NV (NYSE:STM) increased during the last reporting period, rising from 9.22M to 10.05M. This put 1.55% of the company's publicly available shares short.
Short interest for STMicroelectronics gives investors a sense of the degree to which investors are betting on the decline of STMicroelectronics's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 5.11M shares traded per day, it would take 1.97 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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