Cadence Design Systems Stock Sees Short Interest Move 23% Higher
February 11, 2016 at 15:01 PM EST
The most recent short interest data has been released by the NASDAQ for the 01/29/2016 settlement date, which shows a 3,595,641 share increase in total short interest for Cadence Design Systems Inc (CDNS), to 19,331,149, an increase of 22.85% since 01/15/2016. 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..