How Is The Market Feeling About Illumina Inc?

Benzinga · Jan 12 21:00

Illumina Inc's(NYSE:ILMN) short interest as a percent of float has risen 4.98% since its last report. According to exchange reported data, there are now7.41 million shares sold short, which is 7.17% of all regular shares that are available for trading. Based on its trading volume,it would take traders 4.8 days to cover their short positions on average.

Why Short Interest Matters

Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the...

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