Short interest in Surmodics Inc (NASDAQ:SRDX) increased during the last reporting period, rising from 700.10K to 732.08K. This put 6.92% of the company's publicly available shares short.
Short interest for Surmodics gives investors a sense of the degree to which investors are betting on the decline of Surmodics's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 429.44K shares traded per day, it would take 1.7 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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