Short Interest in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Grows By 18.2%
Grid Dynamics Holdings, Inc. (NASDAQ:GDYN – Get Free Report) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,210,000 shares, a growth of 18.2% from the December 31st total of 1,870,000 shares. Approximately 3.5% of the company’s stock are sold short. Based on an average daily volume of 891,300 shares, the days-to-cover ratio is presently 2.5 days.
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