Short interest in 8x8 Inc (NASDAQ:EGHT) decreased during the last reporting period, falling from 12.24M to 10.57M. This put 10.7% of the company's publicly available shares short.
Short interest for 8x8 gives investors a sense of the degree to which investors are betting on the decline of 8x8's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 1.85M shares traded per day, it would take 5.72 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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