Short interest in Teva Pharmaceutical Industries Ltd (NYSE:TEVA) increased during the last reporting period, rising from 22.41M to 23.22M. This put 2.06% of the company's publicly available shares short.
Short interest for Teva Pharmaceutical Indus gives investors a sense of the degree to which investors are betting on the decline of Teva Pharmaceutical Indus's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 7.83M shares traded per day, it would take 2.97 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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