Meta Platforms, Inc. (NASDAQ:META) Sees Large Increase in Short Interest

Detailed summary

Meta Platforms, Inc. (NASDAQ:META - Get Free Report) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 75,483,549 shares, a growth of 165.6% from the October 15th total of 28,417,942 shares. Based on an average trading volume of 27,812,646 shares, the days-to-cover ratio is currently 2.7 days.