Medtronic plc (NYSE:MDT) Sees Large Decrease in Short Interest
Medtronic plc (NYSE:MDT – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 12,700,000 shares, a decrease of 23.0% from the August 31st total of 16,500,000 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 6,650,000 shares, the days-to-cover ratio is currently 1.9 days.
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