Short Interest Drops 13.2% For PFPT
June 12, 2018 at 13:19 PM EDT
The most recent short interest data has been released for the 05/31/2018 settlement date, which shows a 382,360 share decrease in total short interest for Proofpoint Inc (PFPT), to 2,514,635, a decrease of 13.20% since 05/15/2018. 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..