PolyPid Ltd. (NASDAQ:PYPD) Shares Shorted: Short Interest Up 98.3% in October

Detailed summary

PolyPid Ltd. (NASDAQ:PYPD - Get Free Report) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 447,180 shares, a growth of 98.3% from the October 15th total of 225,458 shares. Based on an average daily volume of 128,450 shares, the days-to-cover ratio is currently 3.5 days. Approximately 3.1% of the company's stock are short sold.