Short interest in Sorrento Therapeutics Inc (OTC:SRNE) decreased during the last reporting period, falling from 6.41M to 6.41M. This put 1.17% of the company's publicly available shares short.
Short interest for Sorrento Therapeutics gives investors a sense of the degree to which investors are betting on the decline of Sorrento Therapeutics's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 153.67K shares traded per day, it would take 41.69 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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