Short Interest Drops 24% For ARRS
January 29, 2016 at 16:03 PM EST
The most recent short interest data has been released by the NASDAQ for the 01/15/2016 settlement date, which shows a 3,850,975 share decrease in total short interest for ARRIS International PLC (ARRS), to 12,103,431, a decrease of 24.14% since 12/31/2015. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..