Short interest in Medtronic PLC (NYSE:MDT) increased during the last reporting period, rising from 14.84M to 16.50M. This put 1.29% of the company's publicly available shares short.

Short interest for Medtronic gives investors a sense of the degree to which investors are betting on the decline of Medtronic's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 6.90M shares traded per day, it would take 2.39 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.