Short interest in Patterson-UTI Energy Inc (NASDAQ:PTEN) decreased during the last reporting period, falling from 28.49M to 26.11M. This put 9.23% of the company's publicly available shares short.

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

Based on the recent average volume of 5.95M shares traded per day, it would take 4.39 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.