Short interest in Velan Inc (OTC:VLNSF) decreased during the last reporting period, falling from 1.49K to 1.49K. This put -% of the company's publicly available shares short.

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

Based on the recent average volume of 120.00 shares traded per day, it would take 12.42 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.