Short interest in Novanta Inc (NASDAQ:NOVT) increased during the last reporting period, rising from 1.57M to 1.71M. This put 6.26% of the company's publicly available shares short.

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

Based on the recent average volume of 122.43K shares traded per day, it would take 13.96 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.