Short interest in StoneCo Ltd (NASDAQ:STNE) decreased during the last reporting period, falling from 16.46M to 15.42M. This put 5.44% of the company's publicly available shares short.
Short interest for StoneCo gives investors a sense of the degree to which investors are betting on the decline of StoneCo's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 2.33M shares traded per day, it would take 6.62 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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